Retiree health costs straining budgets in poorer cities

Sep 22 2014

By Andy Metzger, State House New Service / WWLP

Massachusetts Taxpayers Foundation analyzed the impact of growing retiree health costs on nine of the 10 cities with the lowest per capita incomes. In North Adams, for example, retiree health care amounts to 22 percent of the city’s property tax levy, or $445 on the average annual tax bill in North Adams. “Not only are property taxpayers funding retiree health care at the expense of other services, they are also funding a benefit that most of them do not receive,” the MTF report stated. “Few residents have access to any retiree health care benefits themselves, let alone the generous ones provided by municipalities.”

Full article
Forward to a friend
See our site policy on external link content.