Retiree health benefits refer to the health care coverage provided by employers to their retired employees, often extending beyond standard Medicare coverage. These benefits can include medical, dental, and vision insurance, and they are part of a broader category known as Other Post-Employment Benefits (OPEB). Understanding retiree health benefits is essential as they contribute significantly to the long-term financial obligations of public and private sector employers.
congrats on reading the definition of retiree health benefits. now let's actually learn it.