OPEB definition

OPEB means health and dental post-employment benefits and/or life insurance benefits, each as provided by any of the Sears Canada Entities as a post-employment benefit;

OPEB means post-employment benefits other than pension benefits, including, as applicable, medical, dental, vision, life and accidental death and dismemberment.

Examples of OPEB in a sentence

OPEB expenditure and participant information is available for the state as a whole; however, information specific to the County is not available nor can it be reasonably estimated.
It also improves information provided by state and local governmental employers about financial support for OPEB that is provided by other entities.
Employee Retirement System and Other Post-Employment Benefits (Continued) Other Post-Employment Benefits (OPEB) (Continued)A.
Annual OPEB Cost and Net OPEB Obligation - The District’s annual OPEB cost is calculated based on the annual required contribution (ARC) of the District, an amount actuarially determined in accordance with GASB Statement No. 45.
Retirees under age 65 pay the same premium for the medical, prescription drug and dental benefits as active employees, which results in an implicit rate subsidy and an OPEB liability.

OPEB means “other postemployment benefits”.

OPEB means post-retirement health care benefits and employer-paid post-retirement basic life insurance benefits, collectively.

OPEB means “other post-employment benefits,” such as medical, dental, vision, life insurance, long-term care and other similar benefits, provided to retirees, other than pension benefits.

OPEB means non-pension postretirement benefit obligations based upon, arising under or related to any agreement, commitment or other obligation, whether evidenced by contract, agreement, rule, regulation, ordinance, statute or law for any postretirement health, vision, dental, life and death benefits provided to retired employees of the Debtors and their surviving beneficiaries.

OPEB means other post-employment benefits, which in this context are the irrevocable trusts that prefund retiree health care benefits for the Tier 1 Plans and in which the State Treasurer is appointed as investment fiduciary pursuant to the Public Employee Retirement Health Care Funding Act, 2010 PA 77, as amended, MCL 38.2731 et seq.

OPEB means “other post-employment benefits,” such as medical, dental, vision, life insurance, long-term care and other similar benefits, provided to Eligible Employees, other than pension benefits.