Manhattan Institute

North Carolina recently overhauled its retirement medical benefits for state employees – also known as OPEB – to relieve a growing $34.4 billion debt, according to a new report released by the Manhattan Institute, but such reforms in Connecticut are unlikely under the state’s 30-year contract with state employee unions. ...

A new study from the Manhattan Institute, a free-market think tank based in New York City, reported improvements for one of Connecticut’s underfunded long-term debts – namely its medical benefits for state retirees and teachers. Connecticut saw a decrease in the state’s actual liabilities for its other post-employment benefits (OPEB) ...