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OPEB Survey Methodology December 13, 2007

OPEB Survey Methodology December 13, 2007. Survey Process. Initially distributed in May and June of 2007 to over 3,700 established public agencies throughout the state Staff follow-up conducted during fall 2007 to obtain additional survey responses and clarify submitted data

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OPEB Survey Methodology December 13, 2007

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  1. OPEB Survey Methodology December 13, 2007

  2. Survey Process • Initially distributed in May and June of 2007 to over 3,700 established public agencies throughout the state • Staff follow-up conducted during fall 2007 to obtain additional survey responses and clarify submitted data • Additional outreach focused on larger agencies and those known to offer OPEB • Special thanks to League of California Cities, CSAC, California Special Districts Association, CSBA, CASBO, and other associations for their assistance.

  3. Preliminary Response Rates

  4. Survey Questions • Agencies were asked whether they provide retirees with non-pension benefit coverage • Instructed to answer "Yes" even if benefits are paid by retirees • If offering OPEB benefits, agencies were also asked for: • Number of active and retired employees • Total annual operating budget • Total annual OPEB cost • Funding approach • Unfunded Actuarial Accrued Liability (UAAL) or anticipated date for publicly releasing this information • Discount rate

  5. Next Steps • Survey results are currently being reviewed and finalized • Survey findings and analysis will be presented in the Commission’s final report

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