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Employee Benefits: Companies' Retiree Health Liabilities Large, Advance Funding Costly

HRD-89-51 Published: Jun 14, 1989. Publicly Released: Jun 14, 1989.
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Highlights

Pursuant to a congressional request, GAO reviewed U.S. companies' liabilities for retiree health benefits.

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Full Report (43 pages)

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Topics

Retirement Security
Accounting proceduresAdvance fundingDebtEmployee medical benefitsRetireesEmployee retirement plansHealth insurance cost controlPrivate sectorProjectionsReporting requirementsRetirement benefits