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From the Reporter |
The Deal |
City Council signed off on a massive retiree health care package Friday that is expected to save $713 million over 25 years. They didn’t go further, they said, because of the cost and risk of lawsuits. |
The Context |
The specter of past poor pension decisions continues to loom over significant debates about retirement costs. Supporters and opponents of the deal both invoked the city’s past to argue their positions. |
What’s Next |
Five out of six city unions have approved the deal. Individual city workers will vote on it in the coming weeks. |