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Employee Retirement benefits: State Controller reports California 71.8 billion in the hole
Wednesday, December 17, 2014 8:39
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It’s Your Backyard Ventura County State Controller unveils pre-funding plan that uses investment returns to lower costs State Controller John Chiang released a new report showing the unfunded liability of providing health and dental benefits for state retirees under the current funding policy is $71.8 billion. The amount represents the present-day cost to provide benefits earned as of June 30, […]
Tags: benefits, California, debt, dental, emploees, Health, John Chiang, Stae Controller, unfunded
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