OPEB ADMINISTRATIVE ACCOUNT AGREEMENT Between [The City of AnyTown] and PUBLIC EMPLOYEES RETIREMENT ASSOCIATION (PERA)Opeb Administrative Account Agreement • October 10th, 2020
WHEREAS, 2008 Minn. Laws, ch. 154, art. 10, sec. 18 (to be codified as Minn. Stat. § 471.6175)(referred to herein as chapter 471.6175) authorizes political subdivisions and other public entities, that create or have created an actuarial liability to pay postemployment benefits (“OPEB benefits”) to its employees and officers, to establish a” trust” to pay those benefits.
OPEB ADMINISTRATIVE ACCOUNT AGREEMENT Between [The Entity] and PUBLIC EMPLOYEES RETIREMENT ASSOCIATION (PERA)Opeb Administrative Account Agreement • March 13th, 2024
WHEREAS, Minnesota Statutes 471.6175 (referred to herein as § 471.6175) authorizes political subdivisions and other public entities, that create or have created an actuarial liability to pay postemployment benefits (“OPEB benefits”) to its employees and officers, to establish a” trust” to pay those benefits.
