Governments are seeking ways to provide benefits that are economically sustainable and affordable while also providing meaningful value to their retirees. We help governments manage and optimize their OPEB benefits strategy by advising on benefit levels and financing structure. At GRS, our consultants examine each of the areas and work with clients to create solutions that offer the greatest alignment with fiscal and benefit objectives.
Our OPEB valuations enable compliance with financial reporting requirements and the development of funding options to help pay plan obligations. We produce OPEB valuations using our state-of-the-art software specifically designed for governmental plans.
Health & Welfare
Through GRS’ Health & Welfare consulting arm, we also provide services that help plan sponsors manage the underlying retiree health care program. For example, many of our OPEB clients procure Medicare Part D attestations, consulting on Employee Group Waiver Programs (EGWP), and insurance premium rate setting services. In addition to these services, GRS Health and Welfare offers a broad range of actuarial and financial analysis, benefit strategy, data management and analytics, and vendor procurement services. Learn more about GRS Health & Welfare.