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Commissioners approve change to retiree health benefits; actuary says OPEB remains funded above 100%
Summary
The board approved Resolution 2025‑024 to amend retiree health care rules after an actuarial review by Bolton Partners showing the county's OPEB fund would remain above 100% funded under the proposed changes; new pre‑65 subsidy tiers and protections for current retirees were adopted and an effective date around Sept. 1 was discussed.
Caroline County commissioners approved Resolution 2025‑024 on Aug. 5 to amend personnel rules governing retiree health benefits after a presentation by OPEB board members and county staff. Sherry (last name not specified) summarized an actuarial study by Bolton Partners that analyzed the effect of adding a pre‑65 health insurance subsidy for retirees and standardizing benefit tiers for future retirees.
Staff descr…
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