Tag: old age
Two previous studies on long-term care reported in this blog estimated how many of today’s 65-year-olds today will require care for minimal, moderate, or severe levels of need as they age and how many have the financial resources to cover each level of care that might be required. In the third and final study in…
Despite cheap benefits, the state fails to fund. Whenever people write about excessively generous public pension benefits, I think of Massachusetts. Massachusetts stands out among state-administered plans as being one of the cheapest. Two factors explain why it is so cheap. First, public employees in Massachusetts are not covered by Social Security, which means t…