7 Proven Ways to Reduce Your OPEB Liability

About This White Paper

Why Reducing Your OPEB Liability Matters

Managing Other Post-Employment Benefits (OPEB) is becoming increasingly challenging as healthcare costs rise and budgets tighten. Every organization is different, but there are practical strategies that can help reduce both OPEB costs and your reported OPEB liability.

This white paper highlights seven proven approaches used by municipalities to better manage retiree healthcare obligations and improve financial reporting under GASB 74 and 75.

What You’ll Learn

  • Four ways to reduce actual OPEB costs while potentially lowering your reported liability.
  • Three actuarial assumptions and policy decisions that can influence your disclosed liability.
  • A bonus strategy that may help improve your long-term funding outlook.
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