To Prefund in a Section 115 Trust or Not: A Greater Potential for Long-Term Earnings May Be the AnswerCategories: National Developments,OPEB/GASB 45/75,PARS News
Besides the fiscal prudence of dedicating funds for future retiree healthcare using a Section 115 trust, the other compelling function is the ability to diversify investments. Unlike the general fund, state laws allows Section 115 trusts greater use ofread more...
No Set-up Cost of an IRC Section 115 Trust with PARSCategories: National Developments,New England Developments,OPEB/GASB 45/75
PARS Section 115 Combination Trust, in partnership with U.S. Bank and Vanguard, is an innovative, first-of-its kind tool for local governments and school districts to plan ahead and set aside funds for long-term retiree healthcare (OPEB) and/or retirement systemread more...
Is Your OPEB Trust Trustworthy? Ask these three questions to find out…Categories: National Developments,New England Developments,OPEB/GASB 45/75,PARS News
Are you considering establishing a trust to set aside funds to manage and reduce your OPEB (retiree healthcare) liabilities? If so, it is important to set up the trust in the right way – to make sure it is compliantread more...
Pension & OPEB in One TrustCategories: National Developments,New England Developments,OPEB/GASB 45/75,PARS News,Pension Rate Stabilization
The PARS Post Employment Benefits Trust - Offering public agencies a first-of-its-kind Section 115 Post-Employment Benefits Trust to set aside and invest funds for retiree health care (OPEB) and/or pension in one trust, while providing economies of scale for investment, administrative, and trustee services.read more...
PARS, U.S. Bank and Vanguard – the leading team in OPEB Trust ManagementCategories: New England Developments,OPEB/GASB 45/75,PARS News
Turn-key Solution…Economies of Scale…Industry Leaders – The PARS OPEB Trust brings together the strengths of industry leaders Vanguard and US Bank. Established in 2004 the PARS Section 115 trust was approved by the IRS and received a first of its kind IRS Private Letter Ruling and has grown to over 440 clients and over $5 billion in assets in 11 states.read more...