Wayne County next in line for Bankruptcy...?

[emu steve]

For the over 65 crowd with Medicare A & B, the cost of a "Medigap" package is probably affordable either for the retiree or the pension fund. The big problem is insuring the 55-65 retirees and their families.

Completely agree.

There are still many employers, esp. governments, which make it easy for employees to retire long before age 65 setting up the retiree's health care problem.