SUTTONS BAY, Mich. (AP) -- Leelanau County is facing a $5.8 million charge for unfunded retiree liabilities and is considering cutting health care payments for non-union employees who retire in the future.
The Traverse City Record-Eagle reports that county commission Chairman Tom Van Pelt says addressing unfunded debt obligations is important to long-term financial condition of the northwestern Lower Peninsula county.
At Monday's meeting in Suttons Bay, commissioners consider a proposal to end a practice of making $100 per-month payments toward health insurance premiums for non-union employees who retire after 10 years of service. In its place, the county would make one-time lump sum payments to non-union retirees' individual health savings accounts.
The current system costs about $33,576 for a 30-year employee. The proposed new system would cost $15,000.
Nineteen employees would be affected.