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Special Districts' Net Other Postemployment Benefit Asset and Liability for Fiscal Year 2020-21

Published by California State Controller's Office | State of California | Catalog Last Checked: July 29, 2025 at 01:09 AM | Dataset Last Updated: March 15, 2023
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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