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Friday, May 09, 2008

Dig Deeper PA taxpayers: State Retiree Health Care Costs Estimated at $8.5 Billion

Only the Rendell Administration could spin this as good news. Pennsylvania taxpayers are facing an $8.5 billion price tag to pay for all those retired state workers and teachers. So what's the good news, you ask? The Rendell Administration originally calculated the costs at nearly $14 billion, but they were off by about 40 percent.

So breathe easier, Pennsylvania taxpayer. You're on the hook for just $8.5 billion. Better start putting away some money today.

PA Budget Secretary Says Future Retiree Health Care Costs Estimated at $8.5 Billion

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