Iceberg ahead: The hidden cost of public sector retiree health benefits in New York

NCPA: “New York taxpayers spend billions of dollars a year on health insurance coverage for retired state and local government employees, many of whom are too young to be eligible for Medicare. But the mounting ‘pay-as-you-go’ bill for retiree health care is just the tip of a much larger iceberg, says E.J. McMahon, a senior fellow of the Manhattan Institute for Policy Research.”