http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b062797ARetirees sue brewer Labatt over new $50K limit on lifetime health, drug benefits
Colin Perkel
June 27, 2007 - 4:05 p.m.
TORONTO (CP) - Former executives are among a group of non-union Labatt retirees who launched a class-action bid Wednesday, claiming the beer maker and its Brazilian parent broke a promise to provide them with almost unlimited health benefits.
In a statement of claim filed in Ontario Superior Court, the plaintiffs accuse Labatt of breach-of-contract, conspiracy and unjust enrichment by capping benefits for retirees.
"This unilateral change constituted a breach of each (employee's) contract and violates his or her vested retirement rights and health-protection benefits and those of their eligible dependants," the claim states.
Saying the company's actions were "arbitrary, callous and high-handed," the suit also seeks $50,000 in punitive damages for each member of the proposed class, estimated at 900 retirees who were salaried and non-unionized and 700 dependants.
One retiree is Bob Smith, who was director of information technology when he left Labatt after 25 years in 2005 and then retired.
Smith, 57, a married father of two, received a kidney from his son in early 2006 and worries his benefits will be exhausted within five years because he needs expensive anti-rejection drugs.
FULL story at link.