Monday News: You’re on your own

REPUBLICANS TAKE AWAY RETIREE HEALTH BENEFITS FOR STATE WORKERS HIRED AFTER 2020: People who go to work for the state beginning January 2021 will no longer qualify for state health insurance when they retire, a provision in the budget that caught critics by surprise. Republican state senators want limits on future retiree benefits to control costs and get the state more in line with perks private-sector employees get. The state employee health plan has a $42.2 billion unfunded liability, estimated future costs that are outpacing revenue. The retiree health care provision is in the budget the legislature passed this week. Republican senators filed a bill limiting future state employees’ retirement benefits that received a committee hearing earlier this year. That bill never went to a vote.
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