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California Faces Looming Liability for Unfunded Retiree Health Benefits for State Employees
The San Diego Union-Tribune
Jan. 15, 2013 "Sacramento leaders have failed to set aside money to cover $62 billion in projected costs for retiree health care. Some veteran state workers have been promised the full state-funded contribution toward their health plans for the rest of their lives. That typically covers most, if not all, of their premiums. Many newer employees must pay a share of their costs." MORE >> |
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