The new Boogieman: OPEB
Other Post Employment Benefits are facing virtually all governments at every level in America.
Many people have been following the financial and budget discussions surrounding OPEB (Other Post Employment Benefits) in Radnor, which mirror similar discussions facing virtually all governments at every level in America. While the numbers sound incredibly large -- even scary -- it is important to contextualize the issue and the discussion and avoid being misled by alarmist hyperbole. Before I go any further I want to assure you that I do take this matter seriously, as reflected by my votes on action the Township has taken thus far. That being said, OPEB is not “the end of the world” issue that some people would have you believe. Our Citizens Audit Revue and Financial Advisory Committee (CARFAC) has determined that the we have unfunded …
Frank
11:01 am on Monday, February 25, 2013
Please ignore the man behind the curtain - nothing to see here! more ›