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.