February, 2013

15
Feb
2013

Solving a Piece of the OPEB Puzzle

Categories: National Developments,New England Developments,OPEB/GASB 45/75

Most state and local governments have failed to set aside nearly enough money to deliver on the other post-employment benefits (OPEB), including health care, that they've promised to public retirees. In many places, the cost of supplementing Medicare coverage is a big part of that unfunded liability. But recent events in Brockton, Mass., a city of about 94,000 people 25 miles south of Boston, offer hope for how governments can address that part of the OPEB problem.

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12
Feb
2013

Kevin O’Rourke Appointed Interim City Manager for the City of Santa Ana

Categories: PARS In the News

PARS would like to congratulate Kevin O’Rourke on his new position as Interim City Manager for the City of Santa Ana. Kevin will be taking an unpaid leave of absence from PARS during this time. We wish him well and look forward to his return as Senior Consultant.

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05
Feb
2013

Do you need a solution to large leave balances?

Categories: Hot Sheets

Many California agencies are struggling to save money with the tremendous payouts that employees are receiving when they cash out their unused leave time.  Sometimes these benefits can cost hundreds of thousands of dollars.  This leaves many questioning whether or

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