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California Faces $48.2B In Unfunded Health Benefits For Retirees

March 2nd, 2009 by admin

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California faces $48.2 billion in unfunded health and dental benefits for retired state workers, according to a state comptroller report released on Wednesday, the Sacramento Bee reports. The state currently does not prefund retiree health care benefits, but pays what is due each year. According to the report, the state will pay about $3.

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