As reported by nj.com, two state panels approved higher rates for health insurance plans today, raising premium rates for coverage of all state employees, municipal workers, and public school teachers and staff. These new, higher rates for health insurance plans, mean the state will pay more for benefits and so will approximately 850,000 workers
healthcare benefits reform
Nest Egg is Missing for NJ Public Worker Retirees
By Donald C. Barbati on
Posted in Uncategorized
As reported by nj.com, New Jersey’s price tag for public-worker retirement health benefits is higher than any state in the nation, according to a study to be released by the Pew Center on the States. New Jersey has promised $66.7 billion in medical benefits to future and current retirees, but has not set …