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Board reviews new retiree health‑plan funding procedure and vehicle‑use policy allowing 10‑passenger vans
Garrett County Board of Education · January 14, 2026
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Summary
Board members heard a first read on a new DFAA procedure to contribute 5% of the actuarially determined contribution toward the retiree health trust (approx. $143,005 based on FY2025 ADC) and reviewed a vehicle policy revision permitting 10‑passenger vans; vans are expected available after the February meeting.
At the Jan. 13 meeting district staff presented a first reading of a new procedure to invest for the retiree health plan (OPEB). The presenter said the procedure would establish a methodology to fund an annual supplemental contribution equal to 5% of the actuarily…
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