OPEB Trust definition

OPEB Trust means the trust fund or funds, including any sub-funds or sub-
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OPEB Trust the trust established by the Philadelphia Gas Works OPEB Trust Agreement dated July 13, 2010, as amended.
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Examples of OPEB Trust in a sentence

  • The assets of the OPEB Trust Fund cannot be used to support the Town’s operations.

  • Contributions to the OPEB Trust, or to the interest bearing account holding funds to be transferred to the OPEB Trust upon its creation, are irrevocable and will not be used towards the payment of OPEB benefits before January 1, 2019.

  • The Virginia Pooled OPEB Trust Fund is established as an investment vehicle for participating employers to accumulate assets to fund OPEB.

  • The Town will derive funding for the OPEB Trust Fund from taxation, free cash, and any other legal form.

  • The OPEB Trust was established for the purpose of supplementing the payment of the costs of health care and other post-employment benefits for retirees of the State of Connecticut retiring after the effective date of SEBAC 2011 and its subsequent revisions.

  • The primary objective of the OPEB Trust Fund’s investment portfolio is to accumulate assets and provide a reliable source of funds to supplement the State of Connecticut’s payment of the costs of other post-employment benefits for retirees of the State of Connecticut.

  • The investment portfolio of OPEB Trust Fund is overseen by the Treasurer (as principal fiduciary of the CRPTF) and invested in accordance with applicable statutory requirements and fiduciary standards.

  • The OPEB Trust Fund’s investment objectives are based on a comprehensive review of capital markets, as well as its underlying current and projected funding policy.

  • The Town reports the following fiduciary funds: The Other Postemployment Benefit (OPEB) Trust Fund is used to account for the assets held by the Town in trust for the payment of future retiree health insurance benefits.

  • Subsequent agreements in 2009 and 2011 between the State of Connecticut and the State Employees Bargaining Agent Coalition (SEBAC) further addressed the funding for and contractual obligations concerning the OPEB Trust Fund.

Related to OPEB Trust

  • Sub-Trust has the meaning set forth in Section 3.01(b) of the Titling Trust Agreement.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Class B Trust Class B Trustee", "Class C Certificate", "Class C Certificateholder", "Class C Trust", "Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class A Trust Has the meaning specified in the Intercreditor Agreement.

  • Grantor Trust means a Trust other than a RIC.

  • Owner Trust means with respect to any Leased Aircraft, the trust created by the "Trust Agreement" referred to in the Leased Aircraft Indenture related thereto.

  • Class C Trust Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Master Trust means Citibank Credit Card Master Trust I.

  • Class B Trust Agreement means the Basic Agreement, as supplemented by the Trust Supplement No. 2016-1B thereto, governing the creation and administration of the United Airlines Pass Through Trust 2016-1B and the issuance of the Class B Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • Income trust means a trust that is not a unitrust.

  • Plan Trust means the trust governed by the Plan.

  • Class A Trust Agreement means the Basic Agreement, as supplemented by Trust Supplement No. 2015-1A thereto, dated as of the date hereof, governing the creation and administration of the American Airlines Pass Through Trust 2015-1A and the issuance of the Class A Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Real estate investment trust means any corporation, trust or association qualifying and electing to be taxed as a real estate investment trust under federal law.

  • Class B Trustee Class C Certificate", "Class C Certificateholder", "Class C Trust", "Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • foreign trust or "foreign estate" as those terms are defined in Section 1445 of the Internal Revenue Code.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

  • Titling Trust means GE TF Trust, a Delaware statutory trust.

  • Rabbi Trust has the meaning given to such term in Section 3.4(d) hereof.

  • Virginia real estate investment trust means a real estate investment trust, as defined in 26 U.S.C.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;