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Port of Hueneme takes charge and sets course for fully funding retiree health benefits

Port of Hueneme takes charge and sets course for fully funding retiree health benefits

 While public agencies struggle to meet budget demands, the Port of Hueneme is taking bold steps today, towards fully funding employee retirement benefits for the future.   The Port is adding a pre-funding element to their financial plan for Other Public Employee Benefits (OPEB) costs. OPEB consists largely of health care premiums for retired employees. […]