OTHER POST-EMPLOYMENT BENEFITS (OPEB) TRUST
State
Board Established by:
Description: This Trust was established by the Fulton County Board of Commissioners by Resolution and Agreement, January 16, 2008 (#07-0997). The Trust shall be held, managed, and administered by the Trustee in trust in accordance with the provisions of the agreement. The Trust is intended to comply with and be a tax-exempt governmental trust under Section 115 of the IRS Code. At the July 10, 2024 First Regular Meeting, the Fulton County Board of Commissioners adopted an Ordinance (#24-0488) amending Chapter 101 (General Provisions and County Governing Authority), Article 2 (County Governing Authority), Division I (Generally), to create a new Section 101-76 of the Fulton County Code of Laws to provide procedures for District and Full Board appointments to the Boards, Commissions, Taskforces, Committees, Councils and Authorities affiliated with, or operating on behalf of Fulton County, Georgia, to provide that all appointees serve at the pleasure of either the nominating Commissioner for District appointments or the Board of Commissioners for Full Board appointments. Membership/Appointment: The Board of Trustees shall consist of seven (7) members: Position 1 - Chairman of the Board of Commissioners or his designee; Position 2 - one member of the Board of Commissioners other than the Chairman to be appointed by the BOC; Position 3 - County Manager; Position 4 - Finance Director, who serves as ex-officio secretary of the Board of Trustees; Positons 5 & 6 - two active Fulton County employees who are/may become eligigle for OPEB upon retirement; and Position 7 - one Fulton County retiree who is receiving OPEB. Term: Four (4) years unless otherwise stated. Position 2 - one year and shall be filled at the regular January meeting; Positions 3 & 4 - serve as they hold applicable office; Positions 5 & 6 - shall be elected under rules/regulations adopted by the Board of Trustees; Position 7- shall be filled by election by all persons receiving OPEB.
NONE
Compensation:
Stipend:
Meetings:
Verna Thomas, Employee Benefits Supervisor Finance
Contact(s):
141 Pryor Street, SW Atlanta, Georgia 30303 404-612-7639 404-224-1016 (fax) verna.thomas@fultoncountyga.gov
MEMBER
APPOINTMENT
TERM ENDING
Dick Anderson
Position 3
1
141 Pryor St. SW
10th Floor
Atlanta
GA 30303
(H):
(Fax): (W): 404-612-8335
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