an improved container lid comprising an integral lid retaining channel which is configured to accept and be press fit onto the circumferential rim of a container , such as , for instance , a coffee cup is disclosed in preferred and various alternate embodiments . the improved container lid of the invention may comprise any material suitable for container lids such as paper , waxed paper , plastic , or other materials known in the art . the improved container lid of the invention is adapted to be retained upon , for example , a lip of a beverage container while the beverage container is in use . thus , the improved container lid of the invention prevents accidental loss of the container lid and may be used in an open or closed position .