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Moraga-Orinda Fire District looks at ways to fund $16.9 million in promised OPEB

Recent Stories: March 23, 2015

After years of failing to set aside money to pay for retirement health care benefits promised its employees, the Moraga-Orinda Fire District is one step closer to providing the needed $16.9 million to do so. If approved, MOFD will move beyond "pay-as-you-go" funding of retiree health care benefits. Administrators plan to set up a trust with PARS and use the returns to pay for the future health care costs. Read full story ...