What are the requirements to use GASBhelp?
GASBhelp™ is for small public employers, with fewer than 100 plan members, that: • Offer medical, pharmacy, dental, vision, and life as OPEBs. A separate actuarial valuation will need to be completed for any other OPEBs. • Base benefit cost projections on premiums paid to insurance companies for OPEBs. If premium information is unavailable (e.g., if you have claim data instead), the projection requires calculation outside of GASBhelp. • Have employer contributions toward benefits based on a fixed-dollar or fixed-percentage contribution. More complex contribution schedules require actuarial consulting outside of GASBhelp. • Have OPEB eligibility requirements based on: (1) attainment of a particular age when service terminates, (2) attainment of a particular number of years of service when service terminates, or (3) both. Other eligibility requirements require actuarial consulting outside of GASBhelp. • Qualify to use the streamlined approach known as the Alternative Measurement Method (
