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About Note 12. Federal Employee and Veteran Benefits Payable
This document provides notes on federal employee and veteran benefits payable as of September 30, 2019 and 2018. It includes the following key information: - Total federal employee and veteran benefits payable were $8.44 trillion in 2019 and $7.98 trillion in 2018, with the largest portions being pension and accrued benefits and veterans compensation and burial benefits. - The largest increases in pension and accrued benefits liability were due to assumption changes for military pensions and normal costs for both civilian and military pensions. - Post-retirement health benefits liability increased due to normal costs and interest on the liability, partially offset by actuarial gains from experience and assumption changes. - Life insurance benefits liability
Detailed Information
| Author: | ['Loki'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 10 |
| Language: | English |
| Format: | |
| Price: | FREE |
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