U.S.State Retirees To See Small Bump In Monthly Checks

October 2, 2014

(Undated)  --  For thousands of retirees from the University of Illinois and other state agencies, their annuity checks will be slightly larger this month.  Health insurance premiums will no longer be deducted after court rulings this summer struck down a new state that instituted a fee for insurance coverage that would have eventually risen to four-percent.  What's still not clear is when the state will repay the retirees for the premiums that were deducted between the time the law took effect in July, 2013 and this month, when the payments ended

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