Report explores funding for state retiree health care benefits

Source: American City and County Local Government Update, Vol. 8 No. 29, July 7, 2008

A new report from the Washington-based Center for State and Local Government Excellence explores some of the ways states are moving from a pay-as-you-go approach to funding future retiree health care benefits to one that addresses unfunded liabilities and rising health care costs. The center prepared the report, “Balancing Dollars and Health Sense: A Framework for Decision Making on Funding State Retiree Health Care Benefits,” in response to a request from the Michigan House of Representatives for research on retiree healthcare funding options in light of the state’s $22.7 billion in unfunded retiree health care obligations.

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