OPEB sponsors should be acting on this now to determine:

1. Is there a liability, and if so, how large?

2. Should we consider pre-funding these benefits?

3. Should we look at revising these benefits, and/or using this as leverage for other Union concessions?

4. If I wait too long, will I find an actuary to do the work?
    

IAI is currently offering a review of an employer’s OPEBs to determine the approximate size of the liability. Learn more about our GASB consulting services.