OPEB liabilities

North Carolina leads on retiree healthcare reform, but Connecticut may not have that option

North Carolina leads on retiree healthcare reform, but Connecticut may not have that option

By Marc E. Fitch February 13 , 2020

Healthcare,PensionsOne Comment

North Carolina recently overhauled its retirement medical benefits for state employees – also known as OPEB – to relieve a growing $34.4 billion debt, according to a new report released by the Manhattan Institute, but

Connecticut labeled “untruthful” for hiding $10 billion in retiree healthcare costs

Connecticut labeled “untruthful” for hiding $10 billion in retiree healthcare costs

By Marc E. Fitch May 18 , 2018

Pensions3 Comments

Connecticut’s official balance sheets will be noticeably worse next year due to changes in how the state reports its retiree healthcare liabilities, according to a report by the organization Truth in Accounting.