Sentences with phrase «for retiree health care»

Mr. Klein worked closely with the City Actuary and the City Comptroller's Office to implement new accounting standard requiring the estimation of the City's long term liability for retiree health care costs (OPEB).
As anticipated costs for retiree health care have risen, the topic has increasingly become a focus of retirement planning.
That agreement calls for phasing in payroll deductions for retiree health care over several years, extending the period to qualify for retiree health benefits and reducing the state's subsidy for health insurance.
calls for phasing in payroll deductions for retiree health care over several years, extending the period to qualify for retiree health benefits and reducing the state's subsidy for health insurance.
One further sweetener: Those older than 55 with at least 10 years of service who take the offer are eligible for the Retiree Health Care plan, a program that Tribune says will accept no new enrollees after Dec. 31.
The state pays for retiree health care on a pay - as - you - go basis out of the general fund.
LA Unified projects that the unfunded liability for retiree health care benefits is $ 13.6 billion, and district staff has warned year after year that the district must start paying down that debt, but to no avail.
The New York Times reports that GM is pressuring the United Automobile Workers to cut bills for retiree health care.
Looming in the background: The state, its localities and public authorities combined have amassed nearly $ 250 billion in unfunded liabilities for retiree health care, as documented in a report issued last Wednesday by the Manhattan Institute's Empire Center, the nonprofit think tank for which I work.
That the city might still end up in bankruptcy after three months of negotiations is not surprising when you consider its extreme fiscal plight, including some $ 400 million in unfunded liabilities for retiree health care.
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