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Controller Yee Updates State Retiree Health Care Liability

Controller Yee Updates State Retiree Health Care Liability

SACRAMENTO – The state’s net liability for retiree health and dental benefits is now $95.19 billion, according to a report published today by State Controller Betty T. Yee. The liability represents the present-day cost to provide health and dental benefits to state retirees and their dependents earned as of June 30, 2020 – one of the state’s largest […]