OPEB FUNDING PROGRAM ANNUAL PROGRAM & INVESTMENT REVIEW

501 Wampanoag Trail,East Providence RI 02915

07 June, 2023

Description

Trust OPEB Funding Program Update A brief update will be provided on The Trust OPEB Funding Program as we hit the 8th year of the Program. Vanguard Investment Update Brian Binkley, CFA, Senior Investment Consultant, Vanguard Investment Advisory Service, will provide an overview of investment performance, asset allocation, investment expenses/tees, as well as an economic and market outlook. Q& A About OPEB Funding Your questions will be answered regarding different ways entities are approaching funding of their OPEB trust, when is it time to take a distribution, what are the different ways to build assets into your trust, how does the discount rate provided by actuary effect my financial statements, how much should we be funding, and more.