Tuesday, January 19, 2016

One More Thing to Worry About

Yesterday, we posted about one less thing to worry about concerning UC retirement benefits.

But, of course, there is always something more, beyond the current problems with the pension and the Committee of Two bad deal. As we are reminded here...

...the governor's next item of concern is retiree health. Note that UC always takes the position that retiree health is not a vested benefit, unlike some other public retirement plans. Nonetheless, if the pattern on pensions is followed, we are likely to get swept into whatever happens to other plans.

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