L.A. County Finalizes Changes to Retiree Health Benefits
On Tuesday, Los Angeles County supervisors finalized changes to health benefits for future employees. Under a deal reached earlier this year, the county will cover 40% to 100% of health insurance costs for retirees, depending on how long they worked for the county. However, the county no longer will cover health insurance costs for former employees' spouses and children. The changes are expected to save the county up to $840 million over the next 30 years.
- "County Moves To Trim Retiree Healthcare Benefits for New Employees" (Sewell, "L.A. Now," Los Angeles Times, 6/24).