Janesville Board of Education Commissioners will be participating in a posted workshop this evening (6:00 p.m. at the Educational Services Center) regarding the review and development of Other Post-Employment Benefits (OPEB). The purpose of the meeting is to review and create scenarios that will be used to determine costs related to OPEB. Once created, the scenarios will be sent to Key Benefits, the district’s employee benefits consulting firm.
What is OPEB?
OPEB is post-employment benefits that an employee will begin to receive at the start of retirement. This does not include pension benefits paid to the retired employee. Other post-employment benefits that a retiree can be compensated for are life insurance premiums, healthcare premiums and deferred-compensation arrangements.
The meeting is open to the public, but audience questions or comments will not be accepted. No action will be taken at this evening’s workshop. Future workshops will be scheduled soon.
The workshop can be viewed “live” this evening on Charter Cable Channel 96 or on the internet at the following address:
If viewing on the internet, please allow 3 minutes for the “live” feed to begin.
The workshop will also be available “on-demand” 24/7 after the meeting at the following internet address:
Questions or comments can be sent to email@example.com.