There are some new developments in a story we've been covering for the past several years. From our September 1, 2011 post:
"Retired city of Cincinnati workers argued in court Tuesday that City Hall is obligated to provide them for the rest of their lives with an extremely generous health coverage plan"
Fast forward a year-and-a-half, and:
"Cincy Solicitor Curp tells Council Ohio Supreme Court will not hear appeal in lawsuit by retirees concerning health coverage."
So at this point, it seems that the citizens of Cincinnati have dodged a fairly sizable financial bullet. Be interesting to see if this snowballs into other municipalities facing similar economic disasters.
[Hat Tip: FoIB Holly R]
"Retired city of Cincinnati workers argued in court Tuesday that City Hall is obligated to provide them for the rest of their lives with an extremely generous health coverage plan"
Fast forward a year-and-a-half, and:
"Cincy Solicitor Curp tells Council Ohio Supreme Court will not hear appeal in lawsuit by retirees concerning health coverage."
So at this point, it seems that the citizens of Cincinnati have dodged a fairly sizable financial bullet. Be interesting to see if this snowballs into other municipalities facing similar economic disasters.
[Hat Tip: FoIB Holly R]