You are invited to attend an OPEB legal seminar on Monday, March 13th at 1:00pm in the 1st floor meeting room at the John W.Olver Regional Transit Center, 12 Olive Street, Greenfield. Michele Randazzo from KP Law will be here to talk about the legal aspects of establishing and administering an OPEB trust fund.
The Municipal Modernization Act (the Act) amended MGL Chapter 32B, Section 20 to expressly allow the creation of a trust fund for retiree health insurance and other post-employment benefits. The Act also allows towns that accepted MGL Chapter 32B, Section 20 prior to the new law’s effective date to re-accept 32B/20 and operate under the amended language. Michele will bring us up to speed on the amended law and talk about the legal process for bringing an OPEB trust into existence. A template agreement and a process/guidance document will be available at the session.
Please RSVP to firstname.lastname@example.org if you plan to attend