N.Y. County Group Eyes OPEB Fund

Whalen, Robert
March 2006
Bond Buyer;3/23/2006, Vol. 355 Issue 32345, p1
Trade Publication
The article focuses on a program being developed by the New York State Association of Counties (NYAC) to help counties finance the Government Accounting Standards Board (GASB) 45 accounting requirements regarding non-pension, post-employment benefits (OPEB). Government employers who want to comply with GASB 45 can employ the two-step process of assessing their liabilities and figuring out how, or even if, they will pay for the OPEB. The NYAC program is expected to address the second step.


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