Video Series: Restructuring Your Early Retiree Benefits: How to restructure your retiree benefits while still honoring past commitments!
Part 1: History of Post-Employment Benefit Practices
3:27 minutes
- The Historical Purpose of post-employment benefits
- The benefit bridge to Medicare
- GASB & OPEB liabilities
Part 2: The Solution
9:02 minutes
- Why school districts are turning to defined benefit plans
- Reduce unfunded retiree benefits and encourage active employee retention at the same time!
- Considerations when moving to a defined contribution plan
Part 3: Retiree Alternatives
6:22 minutes
- How implicit rate subsidy can drive up health insurance premiums
- Why providing alternative options for retirees is better for you… and them!
- What happens if retirees go back to work