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Member

Number of Covered Individuals

Average Age

Average Years of Service

Retirees

33,645

73.4

n/a

Retiree Spouses / Domestic Partners

16,252

71.2

n/a

Employees

71,164

44.3

11.2

OPEB Member Demographics as of July 1, 2005

  • Average Rule of 80 Age = 56.8

  • Employee-to-retiree ratio = 2:1

[1]

[2]

  • Student-to-retiree ratio = 22:1

[3]

Note: Retirees and their spouses are currently receiving OPEB benefits. Active employees are potential future recipients of OPEB benefits and are included in the valuation.

  • (1)

    Estimated by adding 12.5 years or 25 points (12.5 x 2) to current points based on current average age and service (44.3+11.2=55.5)

  • (2)

    71,164 active members divided by 33,645 retirees

  • (3)

    727,000 enrolled in K-12 per LAUSD fingertip facts 2005-2006 and 33,645 retirees

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