Retirement Board:PEIL
Jump to navigation
Jump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.
The Post-Employment Insurance Liability (PEIL) Fund is overseen by the Retirement Board. The fund custodian is the Town Treasurer.
Note: this fund also goes by the name Post Retirement Insurance Liability (PRIL) Fund, and also Other Post-Employment Benefits (OPEB) Fund.
Documents
- OPEB GASB 43 and 45 Actuarial Valuation Report and OPEB GASB 74 and 75 Actuarial Valuation Report (2017)
- OPEB Actuarial Valuation Report (2015)
- OPEB Actuarial Valuation Report (2011)
- Powerpoint presentation from the MMA (MA Municipal Association) with general OPEB information
- An Analysis of Policy Issues concerning the Funding of Future Liabilities for Health Insurance for Retired Employees (OPEB) of the Town of Lexington, by Alan Levine (Apr 2012)
- Text of the Ch. 317 of the Acts of 2002 setting up OPEB fund operation in Lexington
General information about OPEB
- Governmental Accounting Standards Board: Other Postemployment Benefits: A Plain-Language Summary of GASB Statements No. 43 and No. 45
- Trusting Your Trust Fund, by Mark D. Abrahams
- Spreadsheet that may be used for informal OPEB estimations using simplified "alternative measurement method"
General information about OPEB investment strategy
- The OPEB Challenge: Mapping a comprehensive strategy for public employers: Executive Summary, Full Report. Study by J.P. Morgan Asset Management, sponsored by the National Conference on Public Employee Retirement Systems (NCPERS).