Question: Which statement is not true in comparison between pension management and other postemployment benefits (OPEB) management? Group of answer choices In actuarial valuation, the assumption
Which statement is not true in comparison between pension management and other postemployment benefits (OPEB) management? Group of answer choices In actuarial valuation, the assumption about the health care inflation rate is not an issue in pension benefits; while it is an issue in OPEB. In actuarial valuation, pensions use the assumed long-term rate of return as the discount rate. In actuarial valuation, for OPEB, one of the three rates can be used: the long-term rate of return, the short-term cash investment return, and a blend rate of the two. All state and local governments have established trust fund for pension and OPEB. The key analytical tool for both Pension and OPEB is actuarial valuation to figure out how much a government owes promised to employees and retirees
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