Fact SheetTrust Agreement • May 14th, 2007
Contract Type FiledMay 14th, 2007THIS TRUST AGREEMENT, made effective as of July 1, 2007, by and between the Washington Suburban Sanitary Commission (hereinafter referred to as the “Commission”), and the party or parties appointed by the Commission to serve as trustees hereunder (hereinafter referred to individually and cumulatively as the “Trustee”):
Work Session Fact SheetTrust Agreement • April 11th, 2007
Contract Type FiledApril 11th, 2007In order for the Commission to utilize a higher discount rate in computing its OPEB liability, a trust is needed to manage the assets contributed by the Commission, in addition to a formally adopted funding plan. The funding plan, along with the Trust, needs to be in place by July 2007.