1. Do companies have either a moral or legal obligation to honor
all terms and conditions associated with an employee’s retirement
which were in effect at the time of retirement? Why or why
not?
2. Does the purchase of the original company by another
company obviate the employer’s obligation concerning retiree
benefits? Why or why not?
3. Could Mr. and Mrs. Sears receive any retirement benefits
as a result of ERISA?
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