Potsdam board plans retiree insurance change, expects $50,000 in annual savings
The Village of Potsdam plans to change its retiree insurance policy while maintaining the current level of coverage and expects to reduce costs by about $50,000 a year.
By the ClickNNY North Country Desk
The Village of Potsdam plans to adopt a new insurance policy for retirees that is expected to preserve their current coverage while lowering the village’s costs by about $50,000 annually, village officials said at a Sept. 8 board meeting.
Village Administrator Isabelle Gates-Shult said the village had reviewed its options and identified a plan it believes will be more cost-effective. The source material does not identify the new insurer or provide a date for the change.
Reported by ClickNNY and reviewed by an editor before publication.
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