"coverage" in inglés with examples - Collocation dictionary inglés
- As companies cut pensions and retiree medical coverage, many aging employees doubt they can afford to retire, several experts and workers say.
- Public employers are more likely than most industries to offer health benefits, but the prevalence of retiree coverage in general has been declining.
- Motorola, for example, "expects to continue retiree medical coverage, but only for employees who retired before 2002," said Randy Johnson, a human resources director.
- Some companies have announced that they will eliminate retiree coverage.
- But Silicon Valley technology companies that do not have or need retiree coverage are wary of new taxpayer-financed subsidies.
- Lucent, for one, was able to use the ample excess in its pension plans to purchase retiree coverage, even as the company's overall finances sagged.
- It eliminated company-subsidized retiree medical coverage for employees hired after Jan. 1, 1999.
- Even large businesses, he noted, are dropping retiree medical coverage.
- For example, only in some states do teachers now participate in the Social Security program or have retiree medical coverage.
- Even if employers drop their retiree coverage, many will probably wait a year or two after 2006, experts say.
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