Re: “State owes $7 billion in benefits” (TNT, 6-20).
The cost for these retiree health care benefits is not prefunded as pensions are but apparently are funded as part of the general fund budget each year. A atate official says these are not an obligation and will not be required if the general fund budget is to a point where they can’t be afforded.
At the special sessions for budget finalization we were bombarded about the necessary “dramatic,” even “draconian” cuts, “children will starve, health care will be cut off for many” and on and on.
If these subsidies …