May, 2015

29
May
2015

Establishing Trust Funds One Strategy for Communities Facing Millions in Unfunded OPEB Liabilities

Categories: New England Developments,OPEB/GASB 45/75

Predictions that unfunded health care expenses for municipal employees when they retire will total in the millions of dollars have prompted some communities to establish trust funds to begin setting aside money toward those costs.

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19
May
2015

Plainville, MA Joins Trust Fund Aimed at Cost of Retiree Benefits

Categories: New England Developments,OPEB/GASB 45/75,PARS In the News

Selectmen voted Monday to make Plainville the third town in Massachusetts to join a regional OPEB trust fund.

The trust fund was formed by Plymouth County Treasurer Tom O'Brien in January with help from Public Agency Retirement Services (PARS).

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11
May
2015

Innovative New OPEB Trust Solution Comes to Florida

Categories: Hot Sheets,OPEB/GASB 45/75

Public agencies across Florida can now pre-fund their retiree health care or "OPEB" benefits by joining one of the largest and most successful OPEB trusts in the nation.

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