Different Put up-Employment Advantages (OPEB) seek advice from monetary obligations or commitments by an employer to supply medical protection or different advantages to retired workers, their dependents, and beneficiaries. These advantages can embody medical health insurance, dental insurance coverage, imaginative and prescient insurance coverage, life insurance coverage, and long-term care insurance coverage.
OPEB is necessary as a result of it supplies monetary safety for retirees and their households. It could actually assist them to cowl the prices of healthcare, which could be important in retirement. OPEB can even assist to draw and retain workers, as it’s a invaluable profit that may make an organization extra aggressive within the job market.
