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Projected OPEB Benefit Payments

$1,600,000,000

Current Active Employees and Retirees (incl. dependents)1

$1,400,000,000

$1,200,000,000

$1,000,000,000

$800,000,000

Total projected benefit payments = $64.7 billion

$13.7 billion invested today to earn 5% annually would pay the expected benefits when due

$600,000,000

$400,000,000

$200,000,000

$0

2006

2010

2020

2030

2040

2050

2060

2070

2080

Current Retirees

Future Retirees

  • Current cost for retiree benefit premiums is $235 million annually, or $323 per student

  • Total retiree counts will increase 20% in next 30-35 years

  • Healthcare cost increases are 12% annually. Retiree benefits for current retirees (incl.

dependents) and current active employees only could cost $1.4 billion in 2040

Payments shown above are only for current members of the plan. New District employees will increase costs further.

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