Retiree Health VEBAs: A New Twist On An Old Paradigm
Publication Date: March 2009
Publisher(s): Henry J. Kaiser Family Foundation
Author(s): Henry J. Kaiser Family Foundation
Keywords: VEBA; retiree; benefits
Coverage: United States
This issue brief provides an overview of stand-alone Voluntary Employees' Beneficiary Association trusts, through which employers have been able to rid themselves of future obligations to pay retiree health benefits in exchange for making a significant payment to designed to approximate the projected cost of these benefits. The paper include three case studies, including the VEBAs at the Big Three automakers.