Federal, state and local regulations often include mandated health benefits for officers disabled in the line of duty. These benefits are a way to reward officers for protecting and serving the public at great risk of bodily harm. The value of these benefits must be accounted for under GASB accounting rules, and there are a [...]
We all knew this day would come, and now it’s here. New applications for the Early Retiree Reinsurance Program (ERRP) will be received only until 5 pm on Thursday, May 5th. The last time we blogged about this, the ERRP money was going fast. Now the urgency is clear. So if you’ve been thinking about [...]
By Jim van Iwaarden
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Also posted in Defined benefit plans, Early Retiree Reimbursement Program (ERRP), FAS 106, GASB 45, Other post-employment benefits (OPEB), Public plans
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Tagged Early Retiree Reimbursement Program, early retiree reinsurance program, ERRP, GASB 45, health care reform, OPEB, retiree health, retiree medical
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April 21, 2010 – 12:04 pm
For a while now, we’ve been sharing knowledge around the office with “what I learned today” emails. Now we’re going to start sharing it with the rest of the world. Off we go…