Tag: pension liabilities

Scavenger,(local,Government,Staff),Sweeping,Leaves,On,Ground,With,Brick

Introduction It is impossible to discuss municipal finance without considering the cost of pensions and other post-retirement employee benefits (OPEB), the largest of which is retiree health insurance.  These costs have received enormous press coverage, usually incorporating sweeping generalities about the burden of employee post-retirement benefits for the nation as a whole.  Much is mad…

Session,Of,Government.,Conference,Room,Or,Seminar,Meeting,Room,In

The brief’s key findings are: State and local OPEB liabilities, largely retiree health, have received growing attention due to rising health costs and a change from cash to accrual accounting. This analysis provides a comprehensive look at OPEBs in 2012-2013 at the state, county, city and school district levels. The three key insights are: aggregat…