Residents face $20b retiree health tab

Study finds most cities, towns don't put enough aside

Massachusetts residents face potentially devastating tax increases in the coming years to pay health insurance benefits for retired police, firefighters, and other municipal employees, according to a new study that finds the 50 largest cities and towns alone face a retiree health care bill of $20 billion over the next 30 years.

By Sean P. Murphy Globe Staff / February 16, 2011

Read Full Article: 
Boston Globe