The TSBA OPEB Trust helps those school districts wishing to pre-fund their other post-employment benefits (OPEB) liability. The Trust is administered by TSBA, an entity answerable directly to its members. The school district’s investment will lower its funding estimate of the actuarially determined contribution and its overall OPEB liability. By pooling resources, the TSBA OPEB Trust will lower per-system costs and has the potential to increase the school district’s return on investment.
TSBA has partnered with Nyhart, one of the nation’s largest independent actuarial firms, to provide actuarial services at a preferred TSBA price. For information on how your district can join the Trust, please contact Emily Warren at 615-815-3909 or firstname.lastname@example.org.