Tag: unfunded liabiltiies

rear view of a man in wheel chair with a young woman leaning over to talk

Putting State and Local Retiree Health Costs in Perspective

MarketWatch Blog by

March 23, 2016

In a recent study, the Center estimated the aggregate unfunded liabilities for state and local governments’ other post-employment benefits (OPEBs), the largest of which relate to retiree health insur­ance.  These unfunded liabilities are $862 billion, equivalent to 28 percent of unfunded pension liabilities – when pension liabilities are calculated with an interest rate comparable to…