Comptroller wants new trust for future health-care costs

Reinhardt, Eric
May 2008
Business Journal (Central New York);5/16/2008, Vol. 22 Issue 20, p11
The article reports on the proposal of Comptroller Thomas DiNapoli to submit a legislation for the creation of Other Post Employment Benefits (OPEB) trusts in New York. DiNapoli stresses that the trusts aim to help state and local governments manage and pay the costs of health insurance coverage by retirees. In addition, the legislation will require the governments to develop a report disclosing information on their OPEB liabilities.


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