Compass
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Bates & Company, Inc.
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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GASB Staff Proposes Guidance on Government Employer Accounting for Medicare Part D Payments (PDF)
Governmental Accounting Standards Board [GASB] Mar. 6, 2006 Excerpt: [T]he law provides an incentive to employers to continue providing coverage -- a payment of as much as 28 percent of the cost of providing coverage to persons who would otherwise be eligible to enroll in Medicare Part D. This provision prompted questions from state and local governments about how to account for the federal payments, .... The Governmental Accounting Standards Board (GASB) has authorized the GASB staff to issue a proposed Technical Bulletin to answer these questions. |
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