Columbus drops insurance for retirees

COLUMBUS, Miss. (AP) — The city of Columbus is dropping health insurance coverage for its retirees.

The city council acted Thursday at the recommendation of personnel director Pat Mitchell.

There are 24 retired city employees currently using the city’s insurance. They have 90 days to find insurance on the open market until their coverage under the city ends.

City chief financial officer Milton Rawle told the council if the city continued to pay premiums for retirees, a projected $420,730would be added on top of the deficit the city already faces next year.

He says without retirees, only an extra $16,000 is projected to be added to the deficit.

The council is expected to adopt a budget for the new fiscal year after a Sept. 4 public hearing.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s