CUDAHY, Circuit Judge.
This case involves another episode in the widespread efforts of corporations to reduce their liabilities by cutting back on retiree benefits. The law in this circuit is well-established, but this does nothing to cushion the hardship of pensioners faced with a new drain on their limited resources.
In late 1991, The Continental Insurance Company (Continental) offered an early retirement package to some of its employees as a cost containment...
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