The gap between the promises states have made for public employees» retirement benefits and the money they have set aside to pay these bills was at least $ 1.4 trillion in fiscal year 2016, according to Pew's comprehensive analysis on pension and
retiree health care funding.
Not exact matches
But he previously said his status as a
retiree would save the village about $ 80,000 annually because it wouldn't have to contribute to his pension or
fund his
health care.
The city is setting aside $ 3.4 billion in a trust
fund for
retiree health -
care costs.
The state pays for
retiree health care on a pay - as - you - go basis out of the general
fund.
Perhaos YOU should figure out how things are
funded before referencing the CAFR — a report I've read myself — which incidentally doesn't delineate
retiree health care costs for current employee
health care costs.
This bill will prevent
retirees from being forced into more expensive Medicaid and / or other socially
funded health care, which would only increase local property taxes.
In addition to providing the employer contribution for TRS, the state also
funds the
retiree health care plan for teachers outside of Chicago.
* UPDATED Despite having laid out options to save money on
health care, LA Unified has «rolled over» and agreed to continue
funding its generous benefits for district employees,
retirees, and their dependents at current levels for the next three years.
There was one catch — everyone had to pay to attend because it was a benefit concert that raised $ 1.85 million for the Motion Picture & Television
Fund (which provides
health care and other services to entertainment - industry workers and
retirees).