The rising cost of retiree health benefits | Arkansas Blog

Monday, February 14, 2011

The rising cost of retiree health benefits

Posted By on Mon, Feb 14, 2011 at 6:22 AM

Hard to imagine this trend won't be felt in Arkansas soon, if it is not already.

Governors and mayors facing large deficits have set their sights on a relatively new target — the soaring expense of health benefits for millions of retired state and local workers.

The cures are shifting more health costs to retirees and requiring workers to put in more years before qualifying for health benefits in retirement, among others.

The Pew Study on which the article relies shows Arkansas among a large group of states putting aside virtually nothing to meet health costs in pension plans, though better than many in financing expected pension payment demands.

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