Actuarial Valuation and Review Reports on Other Post-employment Benefits (OPEB) (Office of the State Comptroller)
Oct 15, 2018
Periodically since 2008, an actuarial valuation and review has been conducted concerning the State of Connecticut's Other Post-employment Benefits (OPEB) program. Other Post-employment Benefits are benefits (other than pensions) that the State of Connecticut provides to state employees once they retire. These benefits include medical, dental, and life insurance as well as prescription drug coverage.
The actuarial valuation report, which is submitted to the Office of the State Comptroller, provides a summary of the funded status of the State's OPEB program and recommends annual rates for contributions made to the program by the State of Connecticut.
Citation for Most Recent Report
Rhodes, D.J. (2018). State of Connecticut State Employee OPEB Plan (SEOPEBP) Actuarial Valuation and Review of Other Postemployment Benefits (OPEB) for Reporting Date June 30, 2018 Measured at June 30, 2017 in accordance with GASB Statement No. 75. Boston, MA: Segal Consulting. Retrieved from https://www.osc.ct.gov/empret/OPEBActuarialReports/OPEBreport2019.pdf