The League has established the Municipal Other Post Employment Benefits Trust as a vehicle for cities (and city agencies) to implement a savings plan for OPEB costs.
The growth in unfunded other post employment benefit costs is becoming a major financial problem for all governmental entities, whether local, state or federal. Without a savings plan, these liabilities will continue to grow and ultimately jeopardize the financial stability of municipal governments.
For more information on this program, contact Cindy Frizzell at 501-374-3484, ext. 263.
The Arkansas Municipal League was founded in 1934 and exists for a threefold purpose: