Your County’s Retiree Health Care Costs – And What To Do About Them

On January 30, Governing magazine is hosting a webinar on the latest rulings from the Governmental Accounting Standards Board (GASB), and what options might help your jurisdiction. Learn best practices and new approaches that might help your county’s bottom line.

From their event description:

Join us January 30 at 11 AM Pacific/2 PM Eastern to learn more about GASB 75, the effect it will have on reporting and how some state and local government programs have already taken steps to mitigate the impact of this new GASB statement.

Our expert panel will discuss:
• What GASB Statement 75 means for state and local governments
• The actuarial treatment of Medicare-eligible benefit programs
• How a private individual marketplace can provide retirees with benefits equal to or better than a traditional group plan while reducing OPEB liabilities

Register for the free webinar online or read more from the Governing website.

If your county has already set aside funds toward its OPEB liabilities — are you investing them wisely? MACo has a service with your county, library, or community college in mind — the MACo OPEB Investment Trust. Skip the costs and process of doing this yourself – and set up a plug-and-play account right away. You’ll benefit from an “A list” of financial advisors, and from the economies of scale from working jointly with other governments. Find out more from the MACo website.

Michael Sanderson

Executive Director Maryland Association of Counties