What is OPEB?
This measure represents how much a state has set aside to pay for state retiree benefits. The higher the percentage the less a state will need to divert from their annual budget to pay for retiree health care.
Source: Truth in Accounting - https://www.truthinaccounting.org/ : Ratio is calculated as the total liabilties divided by total assets for OPEB plans in the state. These plans may include independent agencies/commissions that report seperately from the state's CAFR.https://www.data-z.org/news/detail/pension-methodology