PrintDecember 29, 2009
Graph of the Day for December 29, 2009
"The total unfunded OPEB [other postemployment benefits - the largest of which is typically retiree health benefits] liability reported in state and the largest local governments' CAFRs exceeds $530 billion." Government Accounting Office, November 2009.
"I've seen the reports that Governor Schwarzenegger was specifically looking for aid and it's something that obviously folks at the White House are taking a look at." White House spokesman Bill Burton, December 24, 2009.
Source: GAO.
Hoven's Index for December 29, 2009
Unfunded OPEB liabilities of various states:
California: $62.0 billion.
New York: $50.8 billion.
New Jersey: $50.6 billion.
Idaho: $0.5 billion.
Indiana: $0.4 billion.
Wyoming: $0.2 billion.
Source: GAO.
Graph of the Day Archive.
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