Halliburton sues retirees who complained about insurance cut

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http://www.kltv.com/Global/story.asp?S=2114820

 

Halliburton sues retirees who complained about

insurance cut

 

 

HOUSTON Halliburton has sued three former employees

who complained about the company's plan to stop

providing health insurance for retirees who are

eligible for Medicare.

 

The lawsuit was filed on January 21st, shortly after

the retirees, sent a letter complaining about the

change.

 

The Houston Chronicle reports that the retirees and

Halliburton officials will ask a federal judge on

August 16th to certify the case as a class action

 

The case hinges on whether the 1998 merger agreement

between Halliburton and Dresser Industries required

Halliburton to keep paying benefits to its

four-thousand salaried retirees.

 

Former Halliburton vice president of human resources

Paul Bryant argues that it did.

 

The 58-year-old is one of the retirees who's being

sued.

 

In its lawsuit, Halliburton say it repeatedly stated

in merger documents that it retained the right to

change or terminate its health insurance plans.

 

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On the Net:

 

Halliburton, http://www.halliburton.com/