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Boston Must Rein in Retiree Health Plans
The Brookings Institution Link to more items from this source
[Opinion]
Jan. 6, 2014
"[In] 2011 Boston reported an unfunded deficit of $3 billion for its [retiree health (RH)] plan, an ostensible decrease from $4 billion in 2009. In fact, if Boston had not raised by two full percentage points its assumed expected returns on current and future plan assets, its unfunded RH plan deficit would have increased from $4 billion in 2009 to approximately $5 billion in 2011."

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