Save Money, Reduce Unfunded Liabilities, and Demonstrate More Prudent Financial Management

Employers are invited to attend a workshop hosted by CalPERS to discuss the value of prefunding employer pension contributions and retirees' other post-employment benefits (OPEB) in dedicated trust funds.

Topics include:

  • Eligibility for Internal Revenue Code Section 115 trust participation
  • Benefits of prefunding OPEB liabilities and/or employer pension contributions
  • Advantages of the CalPERS trust fund options: California Employers' Retiree Benefit Trust (CERBT) and California Employers' Pension Prefunding Trust (CEPPT)
  • Gaining stakeholder agreement and support
  • Establishing the trust participation agreement
  • Determining an OPEB and/or pension prefunding policy
  • CalPERS investment beliefs and policy details
  • Investment risk mitigation
  • Selecting asset allocation strategies
  • Making contributions and taking disbursements
  • Total cost to participate
  • Accounting and recordkeeping
  • Governmental Accounting Standards Board (GASB) compliant financial reporting
  • Customer services and ongoing account support

Workshops have concluded through March 2019. Check back later for an upcoming schedule.

Past Workshop Schedule