Item Coversheet


Town of Arlington, Massachusetts


ARTICLE 71
Warrant Article Title:

 

APPROPRIATION/OTHER POST EMPLOYMENT BENEFITS (OPEB) 

TRUST FUND

Summary:

To see if the Town will vote to accept into the Other Post Employment Benefits (OPEB) Trust  Fund, established by Chapter 161 of the Acts of 2005, an appropriation of funds and/or the transfer of additional monies that the Town may deem advisable from other sources, including any monies previously deposited into any of the Town’s stabilization funds for this purpose, in order to administer and fund its OPEB obligation as described in the said Chapter 161 of the Acts of 2005; determine how the monies shall be raised and expended; or take any action related thereto.

Requested by:
(Inserted at the request of the Contributory Retirement Board)