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Other Post-Employment Benefits (OPEB) = Retiree Health Benefits. Through the Council’s insight the City started in 2012 to address the OPEB issue by setting up a funding plan over the next 11 years. In the past two years the OPEB Liability was reduced $1.8 million and is on track to be fully funded by Fiscal Year 2023-24.

Segment 009 of 7-Finance Director Segment 006 of State of the City 2015-EXTRACTION COPY

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LONG-TERM LIABILITY

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Other Post-Employment Benefits

(OPEB) = Retiree Health Benefits.

Through the Councils insight the City started in 2012 to address the OPEB issue by setting up a funding plan over the next 11 years.

In the past two years the OPEB Liability was reduced $1.8 million and is on track to be fully funded by Fiscal Year 2023-24.

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A-0094 - Album Sander Werfer-Regiment...A0094-005-005BALCKSAN.JPGA0094-006-006V.STRACHWITZSAN.JPGA0094-007-007SCHULZSAN.JPGA0094-008-008ROMMELSAN.JPG A0094-009-012GUDERIANSAN.JPGA0094-010-013PZIVSAN.JPG

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