Retiree Health Insurance

The Giant Slice: Legacy Costs in the New York City Budget (UPDATED)

May 10, 2013

An alarming and little known fact is that a large slice of the New York City budgetary pie does not directly support current service provision. This giant slice, dedicated to “legacy costs,” will claim almost 25 percent of the budget by fiscal year 2015 – leaving fewer dollars for other budget priorities.

Reining in New York City's Skyrocketing Health Insurance Costs

Apr 18, 2013

The growing cost of health insurance for city employees and retirees has to be brought under control. The City's employee unions, whose contracts have expired, may prefer to wait and negotiate with the next mayor, but the election won't change the fiscal reality: the City's share of health insurance premiums for city workers and retirees is high in comparison to norms in the private and public sectors.

CBC Breakfast with NYC Deputy Mayor Cas Holloway

Apr 18, 2013

City Workers, Pay Your Share

Feb 04, 2013

The cost of health insurance for New York City public employees and retirees is projected to grow by almost 40% by 2016 — rising to nearly $7 billion a year. That growth will amount to $1.5 billion of the $1.9 billion budget deficit projected for 2016.

Everybody’s Doing It: Health Insurance Premium-Sharing by Employees and Retirees in the Public and Private Sectors

Jan 28, 2013

The cost to taxpayers of health insurance for New York City public employees and retirees has more than doubled in the last 10 years. It’s projected to grow by almost 40 percent and comprise 70 percent of the budget deficit in 2016.

	Report: Everybody’s Doing It: Health Insurance Premium-Sharing by Employees and Retirees in the Public and Private Sectors
	Press Release

How Sick Leave Can Be Bad for a Locality's Fiscal Health, and Health Insurance May Be Even Worse

Jul 02, 2012

Borrowing by local governments to pay for operating expenses is bad financial management; it forces future residents to pay for services consumed by those living in a jurisdiction today, often burdening children with the cost of benefits enjoyed by the current generation.

Restoring City Priorities Along With Spending Cuts

Jun 22, 2012

Each year at this time, the Mayor and the City Council engage in a “budget dance” over which of the spending cuts proposed in the Mayor’s budget for the fiscal year starting July 1 will be restored. But this year they’re dancing to the wrong tune.

Sneak Labor Giveaway

May 06, 2012

Across New York, the cost of health benefits for retired government employees is growing so rapidly that it threatens to crowd out funding for essential government services. Rather than lay off police or close libraries, public officials may want to use their discretion to alter retiree health insurance — but some state legislators are trying to take away that discretion.

The Next Challenge: Retiree Health Benefits (Updated April 25, 2012)

Apr 17, 2012

Last month, State leaders acted to reduce future costs and create substantial long-term savings for taxpayers by adopting pension benefit reforms for new public employees. The next challenge is to address the high costs of retiree health insurance.

Letter to the Governor Urging Him to Veto Bill That Sweetens Retiree Health Insurance Benefits

Jun 26, 2008

CBC asks Governor Paterson to veto A9393A/S6457 when it reaches his desk. The bill would further tie the hands of local government managers in collective bargaining by prohibiting the diminution of retiree health insurance benefits. Although the prohibition is for one year only, the practice has been to renew these items annually after they have secured initial passage.