What is OPEB? Why is it such a big deal? Why is it important to local government? OPEB stands for Other Post-Employment Benefits, which are separate from pension plans. As a result of those benefits, we have had a significant increase in cost for…
The OPEB-pension "underfunded status" list is final and out and about. The large number of communities on the list representing all corners of the state, further demonstrates how Michigan's system for funding municipalities is broken and needs fixing. Without meaningful…
The reform of retiree health care (OPEB) is one of the key topics the Michigan Municipal League's Anthony Minghine discusses during his many SaveMIcity presentations. Reforming this issue is vital to efforts to fix Michigan's broken system for funding municipalities.…