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County clarifies retirees’ health-care savings accounts are individually invested
Wayne County Commission Committee on Ways and Means · March 11, 2026
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Summary
Administration clarified that the retiree health-care savings program uses individual accounts managed by beneficiaries; gains and losses accrue to each account and divisions are used only for contribution-rate purposes, not pooled investment management.
John Wallace and James Tatum presented a two-part submission on health trust plan administration and addressed questions about the retiree health-care savings program.
James Tatum…
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