City Health-Care Situation Better, Manager Reports: ; Retirement Liability Costs a 'Monster' to Be 'Mastered'

Summary


At a time when almost everyone is paying more for health care, Charleston's health-care costs have gone down, City Manager David Molgaard said Monday.

As a result, the city could meet some of its unfunded retiree health obligations that seemed out of reach a year ago, Molgaard told City Council members.

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City Health-Care Situation Better, Manager Reports: ; Retirement Liability Costs a 'Monster' to Be 'Mastered'

"It may be this OPEB [other post-employment benefits] monster can be mastered," Molgaard said. "I ...

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