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School committee reviews OPEB funding plan as asset balance lags large liability
Summary
Committee reviewed advisory recommendations to increase annual contributions into the district’s OPEB asset account to reduce a long‑term $54 million liability; presenters described a staged plan that would increase contributions to $125,000 in FY27 if followed.
The Nashoba Regional School Committee reviewed an OPEB (other post‑employment benefits) advisory recommendation at its Dec. 17 meeting, emphasizing the gap between the district’s current asset balance and long‑term liability.
Scott, who summarized the advisory committee’s 2023 recommendations, said the district has been increasing its annual contribution over recent years. “If we continue to follow that…
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