Quote of the Month: “Do not wait to strike before the iron is hot, but make it hot by striking .” William Butler Yeats
The titles are: Conceptualizing the Defined Benefit Pension Promise – Implications from a Survey of Expert Opinion; The Consequences of Favoring Short-Term Budget Goals Over Long-Term Retirement Policy; Tax-Sheltered Annuities Under Code Section 403(B) New Regulations and New Obligations; Living With GASB 45: How To Manage Liabilities Associated with Retiree Medical Benefits; More Preventive Care, and Fewer Emergency Room Visits and Prescription Drugs — Health Care Utilization in a Consumer-Driven Health Plan.
Excerpt: “Few Medicare plans in 2008 will offer brand-name prescription drug coverage in the so-called ‘doughnut hole’ gap because of cost, meaning that Medicare beneficiaries will have fewer options when choosing a plan during the open enrollment period that ends Dec. 31, the San Francisco Chronicle reports.” (California HealthCare Foundation)
Coordinating Retiree Health Benefits with Medicare (PDF)
August 15, 2007
Many public-entity employers are unsure of the extent of their retiree life and health benefit obligations and undecided about how they will calculate them for financial statements, a survey by Aon Consulting has found.