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School board approves switch from TSA to Health Reimbursement Account for OPEB
Summary
The School District of South Milwaukee board voted 6-0 to change its Other Post-Employment Benefit from a Tax Sheltered Annuity to a Health Reimbursement Account effective June 12, 2026, with a one-time extension to Feb. 27, 2026 and a three-year rollout plan.
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The School District of South Milwaukee Board voted unanimously to revise the district's Other Post-Employment Benefit (OPEB), changing it from a Tax Sheltered Annuity to a Health Reimbursement Account effective June 12, 2026. The motion, moved by Hansen and seconded by Hintz, also approved a one-time extension to Feb. 27, 2026 and a three-year rollout plan; the motion carried 6-0.
The item was presented to the board by Jen Sielaff and Dan Arnold. The board recorded no opposing votes and approved the implementation timeline as presented. No dollar amounts or actuarial details were included in the meeting record; the board directed staff to proceed with the rollout and associated administrative steps.
