the staff of the Ridgewood blog
Ridgewood NJ, In terms of retired public employee health care benefits, New Jersey has greater unfunded liabilities – $130 billion – than every state but California, according to a new report from the American Legislative Exchange Council (ALEC). The new report, Other Post-Employment Benefit Liabilities, 2019, examines the unfunded liabilities in each state for other-post employment benefits (OPEB), which include health insurance, life insurance, Medicare Supplement Insurance and more for retired public employees.