For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Group Unveils Govt. Pension, Health Benefits Database
A news release from the Center for State and Local
Government Excellence and the Government Finance Officers
Association (GFOA) said the Government Benefits
Comparison Tool allowsthe user to search by population size, state, and
geographic region and by size of the general fund
revenue.
Once users select the characteristics that most closely
match their government, the tool generates a series of
metrics concerning pension benefits, wellness programs,
retiree health care, and other informative GFOA financial
indicators.
“We know that health insurance and retirement
benefits are important in recruiting and retaining
talented workers,” said Elizabeth K. Kellar,
president and CEO, Center for State and Local Government
Excellence, in the announcement. “Now, for the
first time, cities and counties will have access to
benefits data from across the country in an easy-to-use
database.”
The announcement said the health care data comes from a
2007/2008 retiree health care survey conducted by the
Center for State and Local Government Excellence, the
International City/County Management Association, and the
faculty of North Carolina State University.
The research was funded by the ICMA Retirement Corporation. The pension data comes from the FY2006 GFOA Financial Indicators database, drawn from the comprehensive annual financial reports (CAFRs) of local governments across the United States.
The database is at http://mygfoa.org/gbct/ .
You Might Also Like:
84 Lumber Co. Retirement Plan Sued for High-Fee Investments In-Plan
Humana Inc. Defeats Class Action Claims of Excessive 401(k) Fees
Ascensus Adding $3.9B to Recordkeeping Assets with Acquisition
« IN Pension Funds Won't Get Chrysler Case Moved to District Court