Baby Steps to Start Funding Your OPEB Trust, Big Steps to Maximize Your Existing OPEB Trust (Session 2: Pension and OPEB Insider)
Baby Steps to Start Funding Your OPEB Trust &
Big Steps to Maximize Your Existing OPEB Trust
(Session 2: Pension & OPEB Insider)
Decisions regarding OPEB funding are complex, and even more so in the current volatile economic climate. Public finance leaders and officials have to make short and long-term decisions on policies and budgets that are impacted by rising costs. Frequent questions include:
Should we prefund the benefits? Pay as you go vs. prefunding, how do we analyze which is better for my agency?
How much do we need to contribute? Where do funds come from?
What have local governments done recently to pay down liabilities?
Is it the right time to become more aggressive or conservative in our investments?
Are all administrators the same?
This session will answer these questions and explore how to develop creative funding policies.
Kathleen VonAchen, Chief Financial Officer Kansas City, KS
Dr. Richard Fry, Retired Superintendent, Big Spring School District, PA