New strategies for paying retiree health care costs.
Adequately funding the costs of retiree health care--both by individuals and employers--is essential to the nation's financial stability. But health reform bills, including the one proposed by the Clinton Administration, would fund these costs out of current revenue, creating an enormous future taxpayer liability. No matter what reform plan Congress passes, lawmakers should offer savings plans that encourage Americans to fund these benefits while they're working.
State Street Bank and Trust Company, Boston.
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Morris
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