11. Other Postemployment Healthcare Benefits (OPEB) Plan

Board of County Commissioners Meeting · 2026-04-14 · agenda_item

This item concerns the Other Postemployment Healthcare Benefits (OPEB) Plan for retiring employees in Collier County. The plan allows retirees to continue health insurance coverage, with retirees paying the full premium cost. The County's financial statements will report the liability and expenses for these benefits, calculated according to specific accounting standards. This is a planned agenda item for the Board of County Commissioners meeting on April 14, 2026. The work involves ongoing financial reporting and actuarial services related to retiree healthcare benefits. Local businesses specializing in financial consulting, actuarial services, and potentially benefits administration could find opportunities. Engaging early before final financial plans are set may offer advantages in understanding the scope and potential needs.