Study: Pension and Benefits Cuts Cost Money. 3 Points Informed Intel.

• Billions can be reclaimed by not cutting retiree health care 
• How are the billions saved? By restructuring retiree health care and not prefunding retiree helath benefits. 
  • Translation: Stop treating retiree health benefits exactly like pensions are treated
• Revamping retiree health benefits save governments money, not pension fixes

The Manhattan Institute | The OPEB Off-Ramp: How to Phase Out State and Local Governments’ Retiree Health Care Costs

Governing | A Missing Opportunity to Fix Government Finances