Different Put up-Employment Advantages (OPEB) check with monetary obligations or commitments by an employer to offer medical protection or different advantages to retired workers, their dependents, and beneficiaries. These advantages can embrace medical health insurance, dental insurance coverage, imaginative and prescient insurance coverage, life insurance coverage, and long-term care insurance coverage.
OPEB is essential as a result of it gives monetary safety for retirees and their households. It might assist them to cowl the prices of healthcare, which may be vital in retirement. OPEB may also assist to draw and retain workers, as it’s a beneficial profit that may make an organization extra aggressive within the job market.
