OPEB-Other Post-Employment Benefits Valuation
Other Post-Employment Benefits (OPEB)
OPEB refers to post-employment benefits other than pensions (most commonly retiree healthcare and certain deferred-compensation arrangements).
About OPEB Reporting
OPEB reports provide reliable, decision-useful information about the District’s costs and obligations for post-employment benefits provided as part of employee compensation.
In accordance with accounting standards, OPEB valuations are updated every two years.