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I don't think ERISA says anything about health benefits. As far as I know, health benefits are also unregulated in the private sector, but then again, there is no government insurance for health benefits either like there is with defined benefit pensions (i.e. PBGC).

According to Wikipedia:

During the 1990s and 2000s, many employers who promised lifetime health coverage to their retirees limited or eliminated those benefits.[4][5] ERISA does not provide for vesting of health care benefits in the way that employees become vested in their accrued pension benefits. Employees and retirees who were promised lifetime health coverage may be able to enforce those promises by suing the employer for breach of contract, or by challenging the right of the health benefit plan to change its plan documents in order to eliminate those promised benefits.

I noted elsewhere in this conversation that ERISA does contain loopholes, such as some some health care benefits. This is indeed a potential problem and one that should be fixed. Every organization, public and private, should be obligated to truthfully account for their obligations.


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