Latest GASB 45 Stories
New brief from the Center for State and Local Government Excellence WASHINGTON, Sept.
WASHINGTON, Sept. 17 /PRNewswire-USNewswire/ -- A new study on retiree health benefits from the Center for State and Local Government Excellence finds that nearly all states have created a state-wide health care pool and many are looking closely at the state subsidy provided to future retirees.
Local governments have work ahead on retiree health care costs, amid new requirements to disclose them, but are making progress, according to a study that examines trends in municipality health care costs.
By Geoff Folsom, Odessa American, Texas Jun. 20--Though Medical Center Hospital may adopt a new way of accounting, officials vow it won't affect the benefits retirees receive.
U.S. state governments wrestling with inadequately funded pension plans are bracing for new accounting rules that will put a spotlight on the costs of massively expensive health benefits for retired workers.
- The abrogation of a law by a higher authority; annulment.
- In music, during the eighteenth century, a song or an instrumental piece similar to the serenade, intended for performance in the open air.