1 / 5

OPEB Survey Methodology December 13, 2007

This report outlines the methodology and process for the OPEB survey conducted in 2007, which reached over 3,700 public agencies across California. Initial distribution occurred in May and June, followed by staff follow-up in the fall to enhance response rates and clarify data. Agencies were queried on offering non-pension benefits to retirees, including key metrics like active and retired employee numbers, annual budgets, OPEB costs, and funding approaches. The next steps involve reviewing and finalizing survey results for presentation in the Commission’s final report.

vangie
Télécharger la présentation

OPEB Survey Methodology December 13, 2007

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. OPEB Survey Methodology December 13, 2007

  2. Survey Process • Initially distributed in May and June of 2007 to over 3,700 established public agencies throughout the state • Staff follow-up conducted during fall 2007 to obtain additional survey responses and clarify submitted data • Additional outreach focused on larger agencies and those known to offer OPEB • Special thanks to League of California Cities, CSAC, California Special Districts Association, CSBA, CASBO, and other associations for their assistance.

  3. Preliminary Response Rates

  4. Survey Questions • Agencies were asked whether they provide retirees with non-pension benefit coverage • Instructed to answer "Yes" even if benefits are paid by retirees • If offering OPEB benefits, agencies were also asked for: • Number of active and retired employees • Total annual operating budget • Total annual OPEB cost • Funding approach • Unfunded Actuarial Accrued Liability (UAAL) or anticipated date for publicly releasing this information • Discount rate

  5. Next Steps • Survey results are currently being reviewed and finalized • Survey findings and analysis will be presented in the Commission’s final report

More Related