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City looks to fund other post-employment benefits

NOVEMBER 20, 2018 | by Valerie Pavilonis | YALE DAILY NEWS

“As New Haven faces crippling debt and spending controversies, funding for employees’ other post-employment benefits, or OPEBs, is causing another headache for city officials. … According to Agrawal, the city of New Haven restructured its budget in August of this year but still lacks the capacity to pay for OPEBs. 'Why do we care to save for these things rather than just pay for them out of the annual budget every year? And the answer to that is equity, is inter-generational equity,' Agrawal said in an interview with the News.”

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