Residents face $20b retiree health tab
Study finds most cities, towns don't put enough aside
Massachusetts residents face potentially devastating tax increases in the coming years to pay health insurance benefits for retired police, firefighters, and other municipal employees, according to a new study that finds the 50 largest cities and towns alone face a retiree health care bill of $20 billion over the next 30 years.
By Sean P. Murphy Globe Staff / February 16, 2011
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