Retiree Health Benefit Costs Increase 10% Annually For Cities

... Retiree health care costs for 55 large U.S. cities increased by an average of 10% annually from 1999 through 2004, Moody's Investors Services said in a note issued on Tuesday, the AP/Houston Chronicle reports. According to Moody's, the increase in retiree health care costs for police, firefighters and other city employees exceeded the rate of inflation over the five-year period. [click link for full article] ...