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Agenda 11-09-23; 3 - Presentation on Other Post-Employment Benefits (OPEB)
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Agenda 11-09-23; 3 - Presentation on Other Post-Employment Benefits (OPEB)
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11/3/2023 2:13:22 PM
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BOCC
Date
11/9/2023
Meeting Type
Work Session
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Agenda
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3
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Agenda for November 9, 2023 Work Session
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\Board of County Commissioners\BOCC Agendas\2020's\2023\Agenda - 11-09-2023 Work Session
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What Is an OPEB Plan? <br /> ➢ OPEB stands for Other Postemployment Benefits <br /> ➢ OPEB refers to benefits, other than pensions, that are paid in the period <br /> after employment. OPEB includes: <br /> ➢ Postemployment healthcare benefits such as medical, dental, vision, <br /> hearing, etc., whether provided through a pension plan or <br /> separately; and <br /> ➢ Other benefits such as death benefits, life insurance, disability, long- <br /> term care, etc., when provided separately from a pension plan. <br /> ➢ Orange County's OPEB benefits include medical, prescription drug, and <br /> a Health Savings Account contribution. <br /> rr sx <br />
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