
OPEB/GASB 45/75
Nov
2021
To Prefund in a Section 115 Trust or Not: A Greater Potential for Long-Term Earnings May Be the Answer
Categories: National Developments,OPEB/GASB 45/75,PARS NewsBesides 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 of
read more...Nov
2021
No Set-up Cost of an IRC Section 115 Trust with PARS
Categories: National Developments,New England Developments,OPEB/GASB 45/75PARS 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 system
read more...Oct
2021
Is Your OPEB Trust Trustworthy? Ask these three questions to find out…
Categories: National Developments,New England Developments,OPEB/GASB 45/75,PARS NewsAre 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 compliant
read more...Jun
2021
Pension & OPEB in One Trust
Categories: National Developments,New England Developments,OPEB/GASB 45/75,PARS News,Pension Rate StabilizationThe 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...May
2021
PARS, U.S. Bank and Vanguard – the leading team in OPEB Trust Management
Categories: New England Developments,OPEB/GASB 45/75,PARS NewsTurn-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...