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Sunday, September 24, 2006

Retiree health care may overwhelm gov'ts (AP)

**FILE PHOTO** Wayne State University economics professor Allen Goodman works in his office in Detroit May 15 2006. When it comes to health benefits the news has been largely glum for workers approaching retirement. But Wayne State has formed a joint committee with the faculty union to study the feasibility of adding university-subsidized health insurance for retirees. Goodman is one of the union representatives on the joint committee studying the issue. He said he never considered going without coverage to supplement Medicare in retirement. (AP Photo/Carlos Osorio)AP - The bill is coming due for years of generous benefits bestowed upon the nation's public employees and it's a stunner: hundreds of billions of dollars over the next three decades threatening some local governments with bankruptcy and all but guaranteeing cuts in services like education and public safety.


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