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State retiree health benefits liability pegged at $48 billion
by
Sheppard, Harrison
in
Accounting
/ Chiang, John
/ Defined contribution plans
/ Employees
/ Liability
/ Retirees
/ Retirement
/ Richman, Keith
2007
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State retiree health benefits liability pegged at $48 billion
by
Sheppard, Harrison
in
Accounting
/ Chiang, John
/ Defined contribution plans
/ Employees
/ Liability
/ Retirees
/ Retirement
/ Richman, Keith
2007
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State retiree health benefits liability pegged at $48 billion
Newsletter
State retiree health benefits liability pegged at $48 billion
2007
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Overview
\"Even if it's $48 billion, which is probably too low of an estimate, it's still a huge number,\" [Keith Richman] said. \"It's time to address this problem, and it's time for the special interest groups who continue to put their head in the sand to help resolve this issue.\" \"As the governor has said, we have to find the best way to meet these obligations without harming other government programs and taxpayers -- or handing the problem off to future generations,\" state Finance Director Mike Genest said in a statement. \"That's exactly what the commission he created is in the process of doing.\" \"I think it's absolutely a horrible and ridiculous idea,\" [Dave Low] said. \"I believe the public will see that as a very Draconian and unacceptable statewide ballot measure.\"
Publisher
Tribune Content Agency LLC
Subject
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