Jensen v. SIPCO, Inc.
Court of Appeals for the Eighth Circuit
1Opinion of the Court
LOKEN, Circuit Judge.
This is a class action on behalf of eight hundred persons who retired from salaried positions at SIPCO, Inc. (“SIPCO”), on or before March 1,1989. The Class claims that it is entitled to vested medical benefits under two Medical Benefit Plans for Salaried Pensioners adopted by SIPCO in the early 1980s. The district court1 agreed and ordered SIP-CO and its sister company, Monfort, Inc. (“Monfort”), to provide those benefits. SIP-CO and Monfort appeal. The governing law is the Employee Retirement Income Security Act, 29 U.S.C. §§ 1001 et seq. (“ERISA”). We conclude that…
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