Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Walworth County keeps OPEB portfolio at 50/50 allocation after review of remeasurement and quarterly report
Summary
The Finance Committee reviewed an actuarial remeasurement and a PFM quarterly report showing the county’s retiree health-care trust is overfunded and voted to retain a 50% equities/50% fixed-income target.
The Walworth County Finance Committee on Thursday reviewed an actuarial remeasurement of the county’s other post‑employment benefits (OPEB) and a quarterly investment report from PFM Asset Management LLC, and voted to keep the trust’s target allocation at 50% equities and 50% fixed income.
The committee was told the most recent remeasurement, based on actuarial data as of Dec. 31, 2024, shows about $8,000,000 in OPEB liabilities and roughly $29,200,000 in plan assets, leaving a net overfunded position of about $21,000,000. The county’s expected OPEB benefit payments…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
