Broome County GASB 45 Citizens Task Force
About The Broome County GASB 45 Citizens Task Force
Broome County government is required by the Governmental Accounting Standards Board (GASB) to quantify and publish the character and magnitude of its unfunded post-employment obligations (primarily retiree health insurance). This requirement is set fourth by GASB Statement No. 45. One of the most significant issues facing Broome County government is the constantly escalating cost of health care coverage for our employees, their families, and our retirees. GASB 45 requires governments, such as Broome County, to report the total projected cost for post-employment health benefits for current employees as well as retirees
Mark Whalen, Chairman of the Broome County Legislature and in cooperation with the County Executive, Barbara Fiala, has formed the Broome County GASB 45 Citizens Task Force. This Task Force will examine the enormity of this very complex issue and develop recommendations for the Legislature to consider for managing this unfunded post-employment obligation.
The Broome County GASB 45 Citizens Task Force is comprised of private citizens, who are experts in the fields of finance, government, and insurance; Representatives of the Broome County legislature; and an internal team of members from the County's Law, Risk and Insurance, Personal, Budget, and Finance departments.
The Broome County GASB 45 Citizens Task Force Members
- Honorable Mark R. Whalen
- Honorable Jerry F. Marinich
- Honorable Brian K. Mather
- Mr. John Fitzsimmons
- Mr. Alan Hertel
- Mr. Vincent Pasquale
- Ms. Donna Rider
| Broome County GASB 45 Task Force Meetings Schedule | |
|---|---|
| When: | August 5, 2008 |
| Time: | 5:30 pm to 7:30 pm |
| Where: | Broome County Public Library, Exhibit Room |
| When: | August 26, 2008 |
| Time: | 5:30 pm to 7:30 pm |
| Where: | Broome County Public Library, Exhibit Room |
| When: | Spetember 16, 2008 |
| Time: | 5:30 pm to 7:30 pm |
| Where: | Broome County Public Library, Exhibit Room |
| When: | September 30, 2008 |
| Time: | 5:30 pm to 7:30 pm |
| Where: | Broome County Public Library, Exhibit Room |
Meeting Agenda
Meeting Agenda [ show all ] |
|
2008-08-05 Meeting Agenda (pdf) |
| Meeting Agenda [ show current ] |
|
2008-08-05 Meeting Agenda (pdf) 2008-07-09 Meeting Agenda (pdf) 2008-06-25 Meeting Agenda (pdf) 2008-06-11 Meeting Agenda (pdf) 2008-05-28 Meeting Agenda (pdf) 2008-05-14 Meeting Agenda (pdf) 2008-04-30 Meeting Agenda (pdf) |
Meeting Minutes
| Meeting Minutes [ show all ] |
|
2008-07-09 Meeting Minutes (pdf) |
| Meeting Minutes [ show current ] |
|
2008-07-09 Meeting Minutes (pdf) 2008-06-25 Meeting Minutes (pdf) 2008-06-11 Meeting Minutes (pdf) 2008-05-28 Meeting Minutes (pdf) 2008-05-14 Meeting Minutes (pdf) 2008-04-30 Meeting Minutes (pdf) |
Suggested Readings and Other Benefits
GASB 45: Reporting the True Cost of Other Post-Employment BenefitsBroome County GASB 45 Valuation
GASB 45 Conference: The Next Great Financial Challenge
OPEB and GASB 45: A Rating Perspective
Other Post-Employment Benefits (OPEB)
Other Postemployment Benefits: A Plain-Language Summary of GASB Statements No. 43 and No. 45
GASB 45 Conference: Funding Strategies
