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Back to homepageFuture state retiree health benefits to top $51.8 billion
State Controller John Chiang released a report yesterday that calculates the dollar-amount value of the health and dental benefits now accrued by current state employees and retirees. His total? $51.8 billion, or the equivalent of 17 years in CalPERS shortfalls.
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After a series of discussions between CalWatchdog staff and Jeff Young, the deputy director of public affairs for the state Department of General Services, we’ve decided that the premise of our recent story “State selling property at below-market rates” is
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