2017 LOC City Manager’s Department Meeting

Managing Partner Charles Sakai will be presenting a session on OPEB liabilities at this year’s City Managers Department Meeting.

Reducing OPEB Liabilities: Is Leaving CalPERS Medical a Viable Option?
Wednesday, February 8, 2017, 3:30 – 5:00 p.m.

Reducing OPEB liabilities involves a careful analysis that identifies solutions and determines how to maneuver through numerous complexities while aligning various interests. For agencies providing retiree medical insurance coverage through CalPERS, the complexities are significant but not insurmountable. Learn about the legal, labor and health care obstacles faced by agencies transitioning away from CalPERS medical. Panelist will explore hurtles, requirements, procedures, risks, benefits and a sample OPEB analysis of exiting CalPERS and the resulting long-term liability reduction.

Moderator: Paul Navazio, City Manager, Woodland
Speakers: Jon Andrews, West Division Sales Leader, Willis Towers Watson | Charles Sakai, Managing Partner, Renne Sloan Holtzman Sakai LLP | Tom Sher, Senior Vice President, Alliant Employee Benefits