Reducing Your Jurisdiction's OPEB Liabilities via Alternative Benefit Options
Recorded On: 01/29/2020
Every day, 10,000 Baby Boomers turn 65, and even with Medicare they can expect to face significant health care expenses in retirement. However, many jurisdictions are struggling to honor their commitments to the men and women who have taught our children, tended our parks, and protected our homes. As health care costs rise, many do not have a viable plan to support this benefit into the future, and are met with the new challenge of accounting for future unfunded liabilities in retiree health plan costs.
In this webinar, you'll join the former health care director of the Ohio Public Employees Retirement System, Marianne Steger, as she discusses:
- How a simple stress test can help you determine the viability of your retiree health care program
- The individual Medicare marketplace: An alternative to consider if the status quo isn’t an option
- Actions you can take now to ensure sustainability
ICMA Practice Areas:  Strategic Planning;  Financial Management and Budgeting;  Human Resources Management and Workforce Engagement
Director of Public Sector and Labor Strategy, Willis Towers Watson; Former Director of Healthcare for the Ohio Public Employees Retirement System
Marianne is on a mission to save retiree health care! She’s so devoted to the mission that she came out of retirement to become the director of public sector strategy for Willis Towers Watson. Previously, Marianne was the director of health care for the Ohio Public Employees Retirement System (OPERS), where she ran the health care program for nearly a quarter of a million retirees and helped them transition from the OPERS group plan to the individual Medicare marketplace. With more than 35 years of experience in health plan strategy and design, employee benefits, labor relations and public policy, Marianne works with public sector plan sponsors every day to help them preserve retiree health care benefits.