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City retirees face health care hike

from Chicago Sun-Times

Thousands of retired city employees are being warned to brace for a costly change to their city-subsidized health care plan tied to an $800 million unfunded liability for Chicago taxpayers. Jim Mohler, executive director of the Municipal Employees Annuity and Benefit Fund, sounded the alarm in a letter to retirees and the widowed spouses of deceased city employees. more

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