Introduction
Other Post-Employment Benefit Liabilities, 2017 surveys the more than 100 state-administered post-employment benefit plans, such as health insurance, Medicare advantage, life insurance, and other non-pension benefits. Controlling for differences in discount rates, five states have accrued more than $10,000 dollars per capita of unfunded OPEB liabilities. On the other hand, two states have eliminated their unfunded liabilities entirely through OPEB reform in recent years. The report highlights some of the questionable actuarial assumptions and how some states have minimized their risk.