Civitas Review

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    Rapidly Growing Burden of State Retiree Benefits

    Posted in Budget & Taxes By Brian Balfour | Tagged , ,

    For those paying attention to the cost of state government retirees, primarily the penion plan and health benefits, there is a section in the state budget that is especially instructive as to the growing burden such state retiree benefits is placing on taxpayers. Specifically, in the Senate's proposed budget bill, it is Section¬†35.15(b)¬†that lets us […]

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    State Retiree Liabilities Growing at Alarming Pace

    Posted in Budget & Taxes By Brian Balfour | Tagged , ,

    Earlier this week, the House Select Committee on Legacy Costs from the State Health Plan, Pensions and ESC met to review the fiscal condition of – among other things – the state's unfunded liability for state health plan costs for state retirees. I've written numerous times in the past on the subject, and how the […]

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