Printed from BusinessInsurance.com

School district eyes cuts to costly retiree health insurance plan

Posted On: Oct. 4, 2022 10:08 AM CST

The Buffalo, New York, public district has proposed eliminating retiree health insurance for any teachers hired after ratification of a new contract, the Buffalo News reports. Buffalo Public Schools budgeted about $55 million in each of the last three years for retiree health and this expense for former employees is not sustainable in the long term, the district said last week.