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The Next Retirement Time Bomb

Article Abstract:

Many states and municipalities have promised health care benefits to their retirees, that will cost billions of dollars. New accounting rules will force governments and agencies to report the costs of these promises.

Author: Freudenheim, Milt, Walsh, Mary Williams
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
Personnel administration, Capital funds & cash flow, Interpretation and construction, Compensation and benefits, Accounting and auditing, Accounting, Medical care, Cost of, Health care costs, Retirees, Public employees, Government employees, Administrative agencies, Government agencies, Accounting law

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Retirement Becomes a Rest Stop As Pensions and Benefits Shrink

Article Abstract:

Older workers across America are finding that widespread cuts in retirement benefits and income are forcing them to delay retirement plans or face lower incomes.

Author: Porter, Eduardo, Walsh, Mary Williams
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
Economic aspects, Retirement income

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Subjects list: United States, Forecasts and trends, Market trend/market analysis
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