Low PriorityTaxes Budgetopen
Retiree benefits (OPEB) trust fund
Summary
The OPEB trust holds $55.4 million for retiree benefits. About 218 pre-1993 retirees have moved to a fully insured UnitedHealthcare Medicare Advantage plan the city pays for, which keeps claims off the city's self-insured Blue Cross plan.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jul 28, 2026.
Impact analysis
💰Financial impact
Fund balance projected to decline about $5 million as benefit payments outpace contributions.
✅Who benefits
City retirees and beneficiaries receiving health insurance benefits.
Mentions & discussions (1)
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