Report Pegs California's Unfunded Retiree Health Care Costs at $63.84B

California Healthline

The cost of public retiree health care over the next 30 years is expected to be $63.84 billion more than California has allocated to pay for it, according to a recent report from State Controller John Chiang (D), the Los Angeles Times' "PolitiCal" reports. Main Findings: Chiang said that the cost of providing health care to retired public workers did not increase as fast as expected.

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