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ERIC Number: EJ798760
Record Type: Journal
Publication Date: 2004
Pages: 5
Abstractor: As Provided
Reference Count: 0
ISBN: N/A
ISSN: ISSN-1046-9508
A Golden Opportunity to Review Higher Education Retiree Health Benefits
Powers, Ed; Straker, Garry
CUPA-HR Journal, v55 n2 p15-19 Fall-Win 2004
Many higher education institutions today are struggling with the costs of their retiree health plans. The answer to controlling these costs may come in the form of a defined contribution retiree health plan for both current and future retirees. This article examines how such a plan can maximize availability of Medicare Part D prescription benefits; maximize tax- and cost-effectiveness; substantially reduce, and perhaps eventually eliminate, FAS 106 liability for unfunded retiree health benefits on institutions' balance sheets; provide incentives that make retirees more informed consumers of health care; facilitate early retirements; and more.
College and University Professional Association for Human Resources. 1811 Commons Point Drive, Knoxville, TN 37932. Tel: 865-637-7673; Fax: 865-637-7674; e-mail: journal@cupahr.org; Web site: http://www.cupahr.org
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A