Peia Cuts Future Health Benefits: ; Teachers Union to File Lawsuit
Charleston Gazette › July 31, 2009
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Summary
A second vote Thursday to slash retiree health care benefits for future state and public school employees turned out the same as the first vote - but with a six-month delay before the cuts take effect.
At the end of a 50-minute meeting Thursday, the Public Employees Insurance Agency Finance Board voted to eliminate retiree health- care subsidies for all employees hired after July 1, 2010.See the full content of this document
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Peia Cuts Future Health Benefits: ; Teachers Union to File Lawsuit
Board member Mike Smith said the state has no choice but to stop subsidizing retiree health coverage, a benefit that has created a $7 billion unfunded liability for the...
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