Accounting For the Cost of Retiree Health and Other Benefits (GASB 45)
Publication Date: March 2008
Author(s): Elizabeth C. McNichol
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: Economic projections; State budgets; Health care costs; Retirement
New rules issued by the Governmental Accounting Standards Board (GASB) that change the way states account for the future cost of health and other non-pension benefits for retirees will force states to make some hard choices.