A GASB 45 Solution
GASB 45 is a major challenge all governments are facing today. It requires them to fully declare other post employment benefits (OPEB) on their balance sheets. Failure to do so may result in credit degradation. Or worse.
It's time to get serious. Nationally, GASB 45 is a two trillion dollar problem. In the past, governments may have decided to go it alone on issues like this, because they didn’t know their COG could help. But thanks to a new plan offered by Invest by Design, a NARC corporate partner, COGs can now make a big difference.
COGs Can Help Solve OPEB
Invest by Design offers a comprehensive, turnkey solution that enables COGs to quicky and easily create their own GASB 45 programs. Thanks to the economy of scale COGs can bring, these programs can reduce costs, increase investment returns, and save governments substantial amounts of money. They can even provide a revenue opportunity for COGs as well.
