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While these benefits are of great value to retirees, they have become scarcer in recent decades due to the dramatic costs they impose on employers. A recent study from the Kaiser Family Foundation found that the number of large employers offering other post employment benefits fell from 66% in 1988 to 23% in 2015.
Known as “Other Post Employment Benefits” (OPEB), the County provides post retirement health benefits for employees who have retired under CCCERA and to the spouses and dependents of these retirees. The County also provides health and dental benefits to active members through contracting with various health and dental plans.
The California Employers’ Retiree Benefit Trust Fund was established by CalPERS in March 2007 to provide California public agencies with a cost-efficient, professionally managed investment vehicle for prefunding other post-employment benefits (OPEB) such as retiree health benefits. Prefunding reduces an agency's long-term OPEB liability.
You may pick up some new skills. Staying social. Working a side job after retirement gives you the chance to meet new people. You might make new friends. Extra money. Some financial benefits of ...
GASB 45, or GASB Statement 45, is an accounting and financial reporting provision requiring government employers to measure and report the liabilities associated with (other than pension) postemployment benefits (or OPEB ). Reported OPEBs may include post-retirement medical, pharmacy, dental, vision, life, long-term disability and long-term ...
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401 (k), 403 (b) ); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known ...
fair pay. job security. job control. supportive work relationships. A part-time or flexible schedule may help you balance work with your mental health needs. Getting enough sleep, attending ...
t. e. Unemployment insurance in the United States, colloquially referred to as unemployment benefits, refers to social insurance programs which replace a portion of wages for individuals during unemployment. The first unemployment insurance program in the U.S. was created in Wisconsin in 1932, and the federal Social Security Act of 1935 created ...