Health Care Benefit Costs for Retired Public Employees PDF Download
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Author: Susan K. Claveria
Publisher:
ISBN:
Category : Civil service pensioners
Languages : en
Pages : 72
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Book Description
Author: Susan K. Claveria
Publisher:
ISBN:
Category : Civil service pensioners
Languages : en
Pages : 72
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Book Description
Author: Robert L. Clark
Publisher: Edward Elgar Publishing
ISBN: 1849808139
Category : Political Science
Languages : en
Pages : 191
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Book Description
While retiree health plans are a dying benefit in the private sector, all US states and many local governments extend health insurance coverage to their retired employees. This book is the first to thoroughly examine public sector health insurance plans. Retiree Health Plans in the Public Sector provides a detailed description of the current plans offered and compares how they vary across states. Health insurance is an important component of compensation in the public sector as it helps governments attract and retain quality workers and encourages timely retirement for career employees. Rapidly rising medical costs, an aging labor force, and an increasing number of retirees have dramatically increased the cost of providing this benefit. A central theme of this analysis is a presentation of the actuarial accrued liabilities, the unfunded liabilities and the annual required contribution of the employers based on the actuarial statements for retiree health plans. The authors alsoinvestigate why some states face major funding problems while the costs of other states? plans are much more manageable. Extensively researched and well-suited for classroom and professional use alike, academics in the fields of economics and public policy will find this an unmatched resource. So too will policymakers, economists, legislators, public sector union leaders and those invested in public sector healthcare.
Author: California. Public Employees' Retirement System. Board of Administration
Publisher:
ISBN:
Category : Government employees' health insurance
Languages : en
Pages :
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Author: Milliman & Robertson
Publisher:
ISBN:
Category : Government insurance
Languages : en
Pages : 20
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Book Description
Author: Judith F. Mazo
Publisher: University of Pennsylvania Press
ISBN:
Category : Health insurance
Languages : en
Pages : 288
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Book Description
This volume, from the Pension Research Council of the Wharton School, highlights many of the special health insurance problems facing the elderly and some of the solutions that any reform process must consider.
Author: Edmund J. McMahon
Publisher:
ISBN:
Category : Civil service pensioners
Languages : en
Pages :
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Book Description
"New York taxpayers spend billions of dollars a year on health insurance coverage for retired state and local government employees, many of whom are too young to be eligible for Medicare. But the mounting "pay-as-you-go" bill for retiree healthcare is just the tip of a much larger iceberg. Now, thanks to a new government accounting standard, the true cost of this long-term entitlement is finally emerging from the murky depths of state and local finances. Based on a review of financial reports for the state and its largest local governments, school districts and public authorities, this report estimates that New York's total unfunded liability for public-sector retiree health insurance comes to $205 billion. This figure represents a mammoth potential transfer of wealth from future taxpayers to current government employees and retirees--for a type of benefit that is not available to the vast majority of private-sector workers. The burden of retiree health care is clearly unsustainable and unaffordable. This report, designed as a primer on the issue for taxpayers and government officials, recommends a four-step plan for curbing retiree health care costs before it is too late."
Author: California. Public Employees' Retirement System. Health Benefits Division
Publisher:
ISBN:
Category : Government employees' health insurance
Languages : en
Pages :
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Book Description
Author: United States. Social Security Administration. Office of Research and Statistics
Publisher:
ISBN:
Category : Health insurance
Languages : en
Pages : 84
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Author: California. Public Employee Post-Employment Benefits Commission
Publisher:
ISBN:
Category : California
Languages : en
Pages : 342
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Book Description
Author: Madelon Lubin Finkel
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 152
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Book Description
