$100M Retiree Suit Faults Sarasota For Health Benefits Cut

Law360, New York (March 25, 2014, 7:10 PM EDT) -- The city of Sarasota was hit Friday with a $100 million proposed class action in Florida federal court in which city retirees alleged they suffered significantly as a result of the city's decision to stop providing them with free lifetime health and dental insurance.

Twenty retirees of the city, including a retired fire chief, said in their lawsuit that Sarasota promised workers who were hired before October 1993 free health and dental care for life after 10 years of service, but then in 2011 required those...
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