Different Publish-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 embrace medical health insurance, dental insurance coverage, imaginative and prescient insurance coverage, life insurance coverage, and long-term care insurance coverage.
OPEB is essential as a result of it offers monetary safety for retirees and their households. It will possibly assist them to cowl the prices of healthcare, which might be important in retirement. OPEB also can assist to draw and retain workers, as it’s a invaluable profit that may make an organization extra aggressive within the job market.
