are other post employment benefits guaranteed 
retirees who receive other post employment benefits should note that unless there is a clear and specific agreement in writing their employer can often change or eliminate those benefits at its discretion according to the u s department of labor dol 6for that reason it s worth checking the summary plan description spd the employer or plan administrator must provide to see exactly how it refers to other post employment benefits such as health coverage 7if in the spd your employer has reserved the right to change the terms of your health plan you may lose coverage at any time during your retirement according to the department of labor if your employer agreed to provide specific health care benefits for a definite period of time or for life and they did not reserve the right to change the plan in any formal written plan document you should be covered 6implications for employersother post retirement benefits can be expensive for employers to fund and administer as with many forms of retirement compensation they also involve stringent reporting requirements among other useful resources the rules governing how companies should report pension costs and other post employment obligations are covered by the financial accounting standards board in compensation retirement benefits defined benefit plans general subtopic 715 20 8the american society of pension professionals actuaries asppa also offers advice for actuaries and others on how to comply with the required disclosure process 9