Landmark deal on health care for retirees announced - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Landmark deal on health care for retirees announced

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SAN DIEGO (CNS) - The San Diego Police Officers Association -- for weeks the lone holdout among the city's employee unions -- announced Tuesday it tentatively signed a landmark deal on health care for retired workers.

The 15-year agreement is expected to reduce city payments for retiree health from an estimated $2.49 million over the next 25 years to about $1.72 million, partly by having employees make higher contributions to their plans.

The delay by the POA stemmed from a lawsuit in which its leaders were considering an appeal. The agreement with the city includes a provision that the association will not pursue further action on the court case.

Its members will be voting in the next couple of weeks to ratify the deal, according to the POA's Emily Cox. The City Council has already approved of the agreement.

Projections by city financial officials show contributions to pensions and health care for retired workers taking growing bites out of the revenue pie, which would vastly reduce the amount of money left over for public safety, parks and libraries. The new agreements are believed to ease the problem.

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