Calculate OPEB plan funded ratio In addition to pension benefits, the city of Tallahassee provides OPEB to its retirees.
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Calculate OPEB plan funded ratio In addition to pension benefits, the city of Tallahassee provides OPEB to its retirees.
Calculate OPEB plan funded ratio In addition to pension benefits, the city of Tallahassee provides OPEB to its retirees. Assume a note to Tallahassee's fiscal year 2019 financial statements reported that, based on the most recent actuarial valuation of the OPEB plan, the actuarial accrued liability for benefits was $168.5 million and the actuarial value of assets held by the plan was $16.2 million. a) Calculate the funded ratio of the city of Tallahassee's OPEB plan. Round percentage to one decimal. 96 b) How are OPEB generally financed? Check
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