OPEB/GASB 45/75

16
Nov
2016

Plymouth County OPEB Trust Program – Designed for YOUR Needs

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

In addition to serving Plymouth County, the Plymouth County OPEB Trust Program (PCOT) is an OPEB prefunding solution for three other counties in Southeastern Massachusetts – Bristol, Barnstable and Norfolk.

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19
Oct
2016

NEW Webinar! Managing Your OPEB and Other Benefit Liabilities

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

Financial and educational experts from PARS, CSBA and School Services of California recently joined together for a special webinar designed for K-12 districts on “Managing Your OPEB and Other Benefit Liabilities”.

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05
Oct
2016

PARS OPEB Trust Program: Great Investment Returns and Low Fees

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

Are you paying more than 0.07% of assets (7 basis points) for investment management? Have investment returns been low or even negative for the last year? If so, the PARS OPEB Trust Program is a great fit for your agency.

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15
Sep
2016

Thinking of Setting up Your Own OPEB Trust? Think Again.

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

Is your OPEB trust compliant with Massachusetts' new law which requires all OPEB trust funds to be in compliance with GASB Statement No. 45?

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31
Aug
2016

R.I. Towns & Cities Look Beyond Pension Liabilities to an Even Bigger Problem: OPEBs

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

A majority of Rhode Island cities and towns have zero, or next-to-zero, money set aside to pay for OPEB liabilities, which the state estimates exceeds $3 billion in aggregate and is funded at 1.4 percent. Because there's no money set aside, the liabilities - funded on a pay-as-you-go basis each year - eat away at operating budgets at an increasing pace. "That [liability] is increasing each year and that number is significant," said Kathryn Cannie, Senior Consultant at PARS.

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