San Diego retiree health benefits

S.D. CITY COUNCIL APPROVES COST SAVINGS IN RETIREE BENEFITS

 

By Miriam Raftery

May 24, 2011 (San Diego) –San Diego City Council has approved the biggest cost cutting move in San Diego’s history: reforming retiree health benefits, which is estimated to save the City $714,000,000 in coming years.

 

“With this agreement the City is keeping faith with retirees and taxpayers by creating a sustainable benefit and freeing up hundreds of millions of dollars needed for City services like public safety, libraries and parks,” said Councilmember Marti Emerald, who announced the pending agreement during her recent State of the District address.


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