Bills designed to block any change to retiree health coverage for state and local public employees have been introduced repeatedly by legislators in both parties over the past 30 years. But the latest statewide “anti-diminution” measure, inspired by an ongoing controversy in New York City, would be the broadest and most costly yet—and more than two-thirds of state lawmakers are supporting it. Read More
Tag: OPEB
For most New Yorkers, employer-sponsored health benefits exist only while they are on the job. When they retire, the benefits end. Not so for public employees. Read More
New York governments at all levels owe a combined $359.7 billion in debt to pay retired public employees health benefits, according to a new Empire Center report. Read More