"The most promising proposal [made by the Retiree Health Benefits Commission] -- and surely its most controversial -- would end the city's comprehensive retiree health-insurance plan, which primarily covers retirees under age 65. Beginning in 2014, these retirees and their dependents could instead purchase coverage through the Illinois health-insurance exchange, in many cases at a lower price. [The Commission estimates] the proposal could save the city $60 million in 2014 and the cash-starved pension funds another $9 million."  MORE >>