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MGFOA Morning
Meeting
Health Insurance----Pension Reform
Wednesday,
December 7, 2011
Braintree Town Hall
1 John F. Kennedy
Memorial Drive
Agenda and Directions to Braintree
Town Hall
8:30-9:00
Coffee
9:00-10:00
New
Health Care Legislation.
What are the pros and
cons of using the new legislation vs. traditional collective
bargaining; why are some communities using traditional bargaining
instead of the new legislation, how are joint purchase groups
dealing with the new regulations vs. individual towns and any
specifics on communities planning to join the GIC.
Speakers:
Katie Sagarin McCue, Mass Municipal Assoc.,
Carol Cormier, Group Benefit Strategies
10:00-10:15 Break
10:15-11:45 What You Should Know about
Working with Your Retirement Board?
This workshop
will also be presented at the MMA meeting in January to provide
local officials with practical information about the important
relationship between cities and towns and their local or regional
retirement boards. It will feature an expert presentation on the
impact of pension reform legislation, an update on OPEB funding
and other timely financial and actuarial issues.
Speakers: Ted Alexiades is the Hingham town administrator, Mark
Milne is the Barnstable finance director, Dan Sherman is an
actuary with Buck Consultants
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Presentation of the
GFOA Distinguished Budget Presentation Award to
the Town of Northborough for its FY 2010 budget made on February
14, 2011
From left to right, Finance
Director June Hubbard-Ward, Town Administrator John Coderre,
Chairman of the Board of Selectmen Dawn Rand, MGFOA President
Nancy Holt, Town Accountant Jason Little and Assistant
Town Administrator Kimberly Hood.
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MGFOA to sponsor
“Budget Basics Session” at the upcoming MMA Conference in
Boston
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MGFOA Risk Management Webinar - September
28
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“Are You In
Compliance With GASB
45?”
Non-Pension Post Employment Benefits
Liability
Presentations from June 23, 2010 MGFOA
MEETING
Are
you in compliance with GASB 45: Many of the deadlines have
come and gone, liability calculations should be done, now what are
you going to do about the problem. Get the
practical over view of what should be done about the accounting
for an OPEB liability and the proper structure for an OPEB Trust
in case you are funding. In addition, find out what the
actuaries think about the most effective techniques for reducing
the OPEB liability through plan design changes. The
presentation will include an update on the new Federal program
created by the Health Care Reform legislation that will reimburse
employers who provide health insurance to retirees not eligible
for Medicare.
Speakers:
Daniel J.
Rhodes, ASA, MAAA
Senior Health Benefits
Analyst
SEGAL Company
Mark Abrahams, CPA
President
The Abrahams Group
The meeting is Free…just send an email to
Marilyn Gordon to facilitate the count mgordon@easton.ma.us
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Marshfield Receives GFOA Financial
Reporting Award
With award (from left to right) Town
Administrator Rocco Longo, Selectman John Hall, Treasurer
Collector Nancy Holt, Chairman of the Board of Selectmen Michael
Maresco, Selectman Patricia Reilly and Town of Barnstable
Finance Director Mark Milne.
The GFOA
awards a Certificate of Achievement for Excellence in Financial
Reporting Program (CAFR Program) to encourage and assist state and
local governments to go beyond the minimum requirements of
generally accepted accounting principles to prepare comprehensive
annual financial reports that evidence the spirit of transparency
and full disclosure and then to recognize individual governments
that succeed in achieving that goal.
Budget
News
Suggestion
Box
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If you would like to
suggest a topic on any upcoming MGFOA meetings, please email
Marilyn Gordon at mgordon@easton.ma.us
MGFOA News
State Agency Resources
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