The federal health care plan narrows the Medicare Part D prescription drug-coverage gap, known as the doughnut hole, by providing a rebate of as much as $250 to insured members who are not eligible for the Low Income Subsidy.Read More »
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ASRS official says state health care insurance ‘one step ahead’ of feds in many areasRead More »
Even with a mind-numbing return on investment of minus 18 percent and a report suggesting that the Arizona State Retirement System is woefully underfunded, retirees and current employees banking on a stable pension check need not worry.
So says Paul Matson, ASRS director, who notes that the retirement system is sitting on a whopping $25.5 billion pot of money.
Only minutes after U.S. Rep. John Shadegg announced his retirement on Jan. 14, a handful of state lawmakers began lining up to run for his seat.Read More »
Looking to shield their work forces from tumultuous cutbacks, at least six cash-strapped states have decided this year to spend millions on incentives to encourage government employees to retire.Read More »