Actuary updates Lansing’s retiree health care shortfall estimate

Lansing City Hall appears in a file photo.

LANSING — Bad news: Lansing faces a looming shortfall, estimated at hundreds of millions of dollars over the next several decades. Good news: The city is finally starting to turn the corner on investing enough money to cover legacy costs for its retirees, an actuary told City Council this month.  Lansing hasn’t set aside enough money to … Read more