Employee retirement costs crippling cities

Oct 1 2012

By Grant Welker, Sentinel and Enterprise

Though these benefits more than double the size of pension liabilities in most of the state's largest cities, according to the Massachusetts Taxpayers Foundation, they haven't been in the news as much or as debated as pensions. That's because they aren't as popular a benefit in other parts of the country, and because OPEB is just now getting to the point of becoming a critical issue as pensions were 20 years ago, said Carolyn Ryan, a policy analyst with the foundation.
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