Other post-employment benefits definition

Other post-employment benefits or “post-employment benefits” means non-pension benefits paid on behalf of former employees or the former employees’ beneficiaries after separation from service. Such benefits may include, but shall not be limited to, medical, prescription drugs, dental, vision, hearing, Medicare Part B or Part D premiums, life insurance, long-term care, and long-term disability;
Other post-employment benefits or “OPEB” means those obligations associated with the Generator’s post-employment benefit plans for supplemental pensions under the Xxxxx Power Supplementary Pension Plan and the long-term disability and retirement benefit plans for health, dental and medical set forth in Schedule A to Exhibit 4.7(c) and Ontario health premium costs, life insurance and one-time retirement bonuses (in any of the foregoing cases as such plans may be amended, supplemented or replaced from time to time).
Other post-employment benefits or “post-employment benefits” means non- pension benefits paid on behalf of a former Employee or a former Employee’s Beneficiary after separation from service. Such benefits may include, but shall not be

Examples of Other post-employment benefits in a sentence

  • Other post-employment benefits are recognized when the event triggering the obligation occurs.

  • Other postemployment benefits (OPEB) trust:The OPEB Trust fund accounts for contributions made by the Town and its participating employees to provide postemployment benefits (health insurance) to participating employees.Private purpose trust:The Town’s private purpose trust accounts for resources legally held in trust for use by an outside committee to provide awards and scholarships in accordance with a donor’s instructions.

  • Other post-employment benefits are accrued in accordance with the projected benefit method prorated on service and management’s best estimate of salary escalation and retirement ages of employees.

  • Other post-employment benefits provide for various health and life insurance benefits to employees in the newspaper operations hired prior to August 23, 2000.

  • Other postemployment benefits (OPEB) for terminated and inactive employees, which include severance payments, training and counseling, continued health care, and unemployment and workers compensation.


More Definitions of Other post-employment benefits

Other post-employment benefits or “OPEB” means retiree post-employment health insurance benefits.
Other post-employment benefits or “OPEB,” shall mean post-employment benefits other than pensions as that term is defined in GASB 74 and 75 (and/or including relative revisions or rescissions to those specific Statements, and subsequently issued GASB Statements applicable to OPEB administration, management, and reporting) including post-employment healthcare benefits, regardless of the type of plan that provides them, and all post-employment benefits provided separately from a pension plan, excluding benefits defined as termination offers and benefits.
Other post-employment benefits. (“OPEB”) other than pensions are recorded in financial statements.
Other post-employment benefits or “OPEB,” shall mean post-employment benefits other than pensions as that term is defined in GASB 74 and 75 (and/or including relative revisions or rescissions to those specific statements, and subsequently issued GASB statements applicable to OPEB administration, management, and reporting) including post-employment healthcare benefits, regardless of the type of
Other post-employment benefits means the other post employment benefits portion of "Long Term Liabilities" category as appearing in a balance sheet as it pertains to Continuing Employees.
Other post-employment benefits or “OPEB,” shall mean post-employment benefits other than pensions as that term is defined in GASB 74 and 75 (and/or including relative revisions or rescissions to those specific statements, and subsequently issued GASB statements applicable to OPEB administration, management, and reporting) including post-employment healthcare benefits, regardless of the type of plan that provides them, and all post-employment benefits provided separately from a pension plan, excluding benefits defined as termination offers and benefits.
Other post-employment benefits or “OPEB,” shall mean post-employment benefits other than pensions as that term is defined in GASB 74 and 75.