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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Q Choose one of the managerial and public policy issues associated with public pension and health benefits (e.g., rising healthcare and insurance costs, defined benefit versus defined contribution pensions, increasing retiree life expectancy, OPEB, etc..) and find a recent news article about that issue. Summarize what you learned and what solutions you might offer.

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The news article I chose deals with deals with social security changes that are also going to have an impact on Other Post Employment Benefits for the retirees. Inflation and the rapid rise in the costs of daily necessities is something that everyone finds difficult to cope with. Of course, it was not an easy decision for the Government to take, but finally the social security recipients are going to get 2.8 percent higher paychecks in 2019. Such a measure will ease out the cost of living adjustments. According to the US News, “Retirees will get bigger checks and some workers will face higher taxes”.