TRUSTED
SOLUTIONS,
PROVEN RESULTS

Proudly Serving Public Agencies Since 1984
SCROLL FOR MORE
40
YEARS OF
EXPERTISE
Who We Are
over
1,000
PUBLIC
AGENCY
CLIENTS
Our Solutions
LATEST NEWS
24 Mar 2026
Pension Prefunding Announcement: Town of Payson, AZ

PARS is thrilled to welcome the Town of Payson as the newest member of the Arizona Employers Pension Prefunding Program (AEPPP). Our AEPPP is an IRS-approved Section 115 trust designed to help public agencies in Arizona proactively manage and address Public Safety Personnel Retirement System (PSPRS) liabilities.  By joining the AEPPP, the Town of Payson is taking a conservative, progressive approach to actively […]

read more...
17 Jun 2024
The Role of Section 115 Trusts in Rethinking Reserves

In the complex domain of local government finance, the traditional role of reserves as a safety net is undergoing significant transformation. The modern financial landscape, characterized by increasing volatility and uncertainty, demands a reevaluation of traditional reserve strategies. This article delves into the emergence of Section 115 trusts as a modern financial instrument designed to […]

read more...
04 Oct 2023
Public Pension Challenges: Section 115 AEPPP Trust’s Role in Risk Mitigation and Strategic Financial Planning

Strategic financial management in local government revolves around the intricate balance of maximizing revenues and judiciously controlling expenses. This delicate equilibrium is crucial for enabling transparent, future-oriented financial planning, providing for resiliency, and ensuring consistent financial resources for improving levels of services provided to citizens. To safeguard this balance, risk mitigation becomes imperative, acting as […]

read more...
12 Sep 2023
Public Pension Challenges: The Role of the Section 115 Trust in Risk Mitigation and Strategic Financial Planning

Strategic financial management in local government revolves around the intricate balance of maximizing revenues and judiciously controlling expenses. This delicate equilibrium is crucial for enabling transparent, future-oriented financial planning, providing for resiliency, and ensuring consistent financial resources for improving levels of services provided to citizens. To safeguard this balance, risk mitigation becomes imperative, acting as […]

read more...
31 Jul 2023
Making Cents of Implicit Subsidy Liabilities: An Imperative Case for Pre-Funding OPEB in Texas

In the complex landscape of municipal finance, unique challenges constantly arise. Among these, a particularly significant concern for Texas municipalities pertains to Other Post-Employment Benefits (OPEB), specifically the implicit subsidy liabilities. This financial quandary emerges when active employees and retirees share the same healthcare plan, inadvertently leading to inflated average costs for the employer.

read more...
PARS:
YOUR TRUSTED PARTNER
Since 1984, public agencies across the country have entrusted PARS with designing flexible retirement solutions to meet their specific needs and goals. Our collective expertise and transparent approach to service and professionalism have saved our clients hundreds of millions of dollars.
FOR EDUCATIONAL AGENCIES
We offer solutions that create fiscal savings and avoid painful layoffs, lower your retiree healthcare (OPEB) liabilities, save money on payroll costs and address your pension obligations.
Explore Educational Solutions
FOR MUNICIPAL AGENCIES
We offer solutions that address your long-term pension and retiree healthcare (OPEB) liabilities, reduce payroll costs and also provide flexible, customized retirement benefit programs.
Explore Municipal Solutions
Why Choose PARS?

Dedication

Our mission is to empower public agencies to serve their communities more efficiently by offering customized retirement solutions that lower costs and sustainably address retirement and pension obligations.

Service

We utilize decades of experience to provide comprehensive plan administration from the initial consultation and design to implementation and ongoing support throughout the life of the plan.

Transparency

We pride ourselves in being up front and honest about the feasibility, timing, and fees associated with our services. We foster trust through an unwavering commitment to service, transparency, and professionalism.

Flexibility

We customize plans to meet each agency's unique budgetary, investment, and personnel needs and goals.

TAKE A STEP TOWARDS A MORE FINANCIALLY SECURE FUTURE FOR YOUR AGENCY.
Contact PARS Today