Featured Jobs
|
The Pension Source
|
|
Nova 401(k) Associates
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
Compensation Strategies Group, Ltd.
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
BPAS
|
|
July Business Services
|
|
EPIC RPS
|
|
BPAS
|
|
Merkley Retirement Consultants
|
|
DWC ERISA Consultants LLC
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
The Tab for Public Employee Retiree Health Care Benefits Is Spiraling Out of Control
Cable News Network
May 13, 2009
Excerpt: States pay the costs of retiree health care, which range from full coverage for life to more modest benefits, out of their annual budgets. And the tab has been spiraling out of control. In 2008, employer health insurance premiums increased by 5%, or twice the rate of inflation. 'Governments have piled up huge unfunded health care liabilities, the dimensions of which are just now being realized,' writes Lance Weiss in a report released in 2006 by Deloitte titled 'Paying for Tomorrow.' 'Estimates of unfunded liabilities associated with retiree health benefit plans represent a fiscal crisis for many states and municipalities.'
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |