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IMISTOWWWO <br />• Employers that provide OPEB will now <br />have to value "their promises" <br />• The provisions are attempting to match the <br />cost of providing OPEB with the periods in <br />which the OPEB is earned <br />• The provisions are also attempting to <br />encourage governments to "plan ahead" <br />for such promises <br />Actuarial Valuations <br />• Frequency of actuarial valuations will be <br />based on a plan's membership <br />— 200 or more .... every two years <br />—100 to 200 .... every three years <br />— Under 100.... recommended every three <br />years, though non - actuarial methods of <br />calculation allowed <br />i <br />