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A Public Employer's Ability to Modify Retiree Benefits
Jones Day
Aug. 13, 2008 Excerpt: Three trends pushing public-sector employers to reduce retirement costs are: (1) new accounting rules requiring employers to show on their books how much promises to retirees will cost; (2) the spiraling cost of providing medical benefits to retirees; and (3) the increasing longevity of retirees. MORE >> |
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