Other Post-Employment Benefit Liabilities, 6th Edition
Other Post-Employment Liabilities, 6th Edition measures unfunded OPEB liabilities, now totaling over $1.14 trillion, just under $3,500 for every man,…
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Other Post-Employment Benefit Liabilities, 2017 surveys the more than 100 state-administered post-employment benefit plans, such as health insurance, Medicare advantage, life insurance, and other non-pension benefits. Controlling for differences in discount rates, five states have accrued more than $10,000 dollars per capita of unfunded OPEB liabilities. On the other hand, two states have eliminated their unfunded liabilities entirely through OPEB reform in recent years. The report highlights some of the questionable actuarial assumptions and how some states have minimized their risk.
Other Post-Employment Liabilities, 6th Edition measures unfunded OPEB liabilities, now totaling over $1.14 trillion, just under $3,500 for every man,…
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Unfunded state pension liabilities total $6.96 trillion or just under $21,000 for every man, woman, and child in the United…
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State governments borrow for a myriad of reasons and issue various types of bonded obligations. Today, their total bonded liabilities…
Read MoreSection A: Addition to current statutes governing state agency duties [Bracketed portions may be adjusted for the needs of each state] Nongovernmental agreements…
(1) Definitions (a) The term “defined benefit pension plan” or “plan” shall mean any plan, fund or program which was heretofore or…
Stability – Government pensions should be secure and safe from high risk assumptions. State and local governments should eliminate incentives to underfund pension commitments,…