GFOA is always on the lookout for news items that will be useful for finance professionals, research that might help you do your job better, and legal and regulatory updates you need to know about. Check the GFOA news page for the updates and any relevant GFOA announcements, and see the GFOA Newsletter archive for back issues of our weekly electronic newsletter.
Many public-sector organizations across the country have limited or reduced part-time employment to less 30 hours a week to avoid providing them with health insurance under the Affordable Care Act, according to the New York Times. Although coverage requirements are to be eased for larger employers, employers 2015 obligations will be based on the hours employees work in 2014.
Eleven states are taking steps to make prices for health-care services available to the public, in an effort to make it possible for consumers to shop for lower-cost providers and services. Colorado is working to create an all-payer claims database containing information from every receipt for a health-care service provided in the state, according to the Washington Post.
As many local governments have reduced the level of pension benefits they provide to new hires, the importance of boosting savings through supplemental retirement plans has grown, yet very little is known about these plans.
On August 1, 2014, the SEC’s Enforcement Division announced an extension of the deadline for state and local government issuers to participate in the commission’s Municipalities Continuing Disclosure Cooperation (MCDC) Initiative from September 10, 2014 to December 1, 2014. The deadline for underwriters to participate was not extended beyond September 10, 2014 (view the SEC press re
GFOA offers numerous training events for members to earn CPE credits.