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...Ky.3) First Reading of Policy 730 - Post Issuance Debt Compliance Policy4) First Reading of Policy #705.6 - OPEB Trust Investment Policy StatementB. Informational1) School Board Member Reports - General2) Schools for Equity in Education...
...from Medica.- The committee approved to fund the direct other post-employment costs for fiscal year 2013 from the OPEB Trust account. Other Post-Employment Benefits are employer-paid benefits for retirees, except for pensions and it normally...
...liability for teacher retirement pensions. Lund said the district's liability is now 100 percent funded through its OPEB trust fund, decreasing the district's liabilities by about $1 million annually. Because of agreements reached during the...
...graduated schedule by continuing to use a portion of its general fund, which would allow the district to build a sizable OPEB trust that wouldn't be depleted in 13 years when the levy expires. For example, Lund said if the district used $1 million...
...recommended board approval that Bremer Investment Management and Trust be hired as trustees for the district's $23 million OPEB trust. A committee will be developed to help manage the trust. The committee also recommended board renewal of its contracts...
...the $23 million Other Post-Employment Benefits, or OPEB, Trust investment and management services to Bremer Financial...Superintendent Steve Razidlo said the establishment of this OPEB Trust, funded through the annual school levy over the next...
...the vote. The committee heard a presentation from Bremer Bank representatives on its plans to manage the district's OPEB Trust. JODIE TWEED may be reached at jodie.tweed@brainerddispatch.com or 855-5858.
...the district's board-approved OPEB Trust levy, a $2.2 million addition...district's total revenues, excluding the OPEB Trust. He reminded board members that...property owners, will be levied for the OPEB Trust. JODIE TWEED may be reached at jodie...
...contracts, renewal of Northern Pines mental health services agreement, review four-year financial outlook and review OPEB Trust account (report from Nov. 11 community budget committee meeting). The school board personnel committee will meet...
...labor groups that have yet to settle and the next OPEB liability actuarial study is not to be completed until July, an OPEB trust distribution was not added to the FY11 budget calculations. He said a trust disbursement could be possible and may...