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1 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> FINANCE and ADMINISTRATIVE SERVICES <br /> Gary Donaldson,CTP,Chief Financial Officer I gdonaldson@orangecountync.gov I PO Box 8181, Hillsborough, NC 272781 919.245.2453 <br /> To: Board of County Commissioners <br /> From: Gary Donaldson, Chief Financial Officer <br /> Date: December 12, 2023 <br /> Re: Other Post-Employment Benefits Cash Flow <br /> At the November 9, 2023, work session, our actuary firm Cavanagh MacDonald provided an overview of our <br /> Other Post-Employment Benefits (OPEB) and our Net OPEB Liability (NOL). <br /> There was an additional request to provide the NOL cash flow (County benefit payments for the OPEB liability). <br /> Cavanagh MacDonald has provided additional information in the following attachment. It is important to note <br /> that as part of the County's long-term planning, the County incorporates health-care trends information by <br /> Arthur J. Gallagher Insurance Co. as well. <br /> 1 <br />