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Cities' Net Other Postemployment Benefit Asset and Liability for Fiscal Years 2020-21 to 2023-24

Published by California State Controller's Office | State of California | Catalog Last Checked: July 31, 2026 at 08:45 PM | Dataset Last Updated: January 07, 2026
Net Other Postemployment Benefit (OPEB) Asset is the amount in excess of the amount owed to a defined benefit OPEB plan based on the actuarial present value (or other method) of the projected benefit payments for plan members and their beneficiaries less the plan’s net position. Net OPEB Liability is the amount owed to a defined benefit OPEB plan based on the actuarial present value (or other method) of the projected benefit payments for plan members and their beneficiaries less the plan’s net position.

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