Thanks for Your Service
- Mayor Rahm Emanuel has already ordered sharply higher health care contributions from 313 City Hall bureaucrats, including himself.
He’s also cut a deal with organized labor to wring $20 million in savings out of their health care costs, using tele-medicine, expert second opinions before surgery, diabetes management and higher co-payments.
On Friday, the mayor lowered the boom on retirees — by completing a three-year phaseout of the city’s 55 percent subsidy for retiree health care and assuming that a lawsuit that seeks to reinstate the subsidy of $108.7 million a year falls flat.
“These participants will see an additional reduction in the city subsidy by approximately 25 percent commensurate to the subsidy reductions in 2014 and 2015. The reduction in the subsidy marks the third year of a phaseout for those who retired after August 23, 1989. The reduction will save the city approximately $30 million in 2016,” the mayor’s office said in a statement.
Next motion date for the retiree lawsuit is 26 October.