A retiree’s voice broke as she recounted to the SEBC Retiree Benefits Subcommittee on Friday what it would mean for her health coverage to change. “About 10 days ago, my husband was diagnosed with cancer,” Diana Noonan said in the Zoom call. “He had scheduled for surgery next week. And the word cancer is daunting, and it’s also been frightening, …
Panel: State should make 1% extra retiree funding the law
A subcommittee exploring state retiree health plans on Monday voted to recommend that the General Assembly codify putting 1% of the state budget into a fund that pays retiree benefits to lower the billions of dollars of deficit. The State Employee Benefits retiree subcommittee asked Cheiron, a consulting firm, to look into additional ways for the state to lower the …