Over a seven-year period, the Township’s OPEB liability was reduced by more than $5 million—an almost 80% reduction. As a percentage of payroll, the accrued liability shrank from 10.5% to just 4%.
Pittsfield Charter Township
Over a seven-year period, the Township’s OPEB liability was reduced by more than $5 million—an almost 80% reduction. As a percentage of payroll, the accrued liability shrank from 10.5% to just 4%.