MSU ending retiree health benefits for new hires
EAST LANSING, MI –
Michigan State University will no longer offer retiree health care benefits to new faculty and staff hires, beginning July 1.
A news release was issued Tuesday, saying that current MSU faculty and staff will not be impacted by the decision.
"Continued health care cost increases and constrained revenues" are cited for the decision to halt such benefits.
The release says MSU is the last Big Ten Conference member school still offering fully-paid retiree health care benefits to newly-hired employees.