Today, in further signs of panic, they are announcing billions of pounds of unfunded
and unbelievable promises.
Annual cost and unfunded
liability costs based on reporting the implicit rate
Until the state legislature takes meaningful action, the pensions of active and retired Illinois government employees, along with funding for essential services of government, are at risk of drastic cuts to reduce the state's unfunded
The NIER's forecast is based on the assumption that the Government will implement unfunded
measures totalling SEK 14 billion in 2013.
5 billion in unfunded
liabilities for retired city workers' health care, according to a report today from the Massachusetts Taxpayers Foundation.
As Ben Philpott of KUT News and the Tribune reports, county officials are among those waiting to see how the legislative slice-and-dice could affect things back home -- and they're particularly nervous about unfunded
As state and local governments have historically not funded retiree health benefits when the benefits are earned, much of their OPEB liability may be unfunded
And officials are worried that the state's already massive unfunded
liabilities for pensions and retiree health benefits -- estimated as high as $300 billion combined -- will only continue to grow.
Single-employer plans with unfunded
vested benefits must pay the PBGC a variable-rate premium equal to $9 per $1,000.
Beginning July 1, community colleges and all other public entities will have to report their unfunded
liabilities to comply with Rule 45, a mandate from the California Governmental Accounting Standards Board, to set aside money for future benefits.
It's actually going to be much more expensive than that when one takes into ac count the mammoth long-term unfunded
liability of the drug benefit (what is promised over what is provided for in revenues).
Spellings, asserted that NCLB is an unfunded
mandate and, for relief, sought the ability to use federal education funds as they saw fit.