OPEB Trust Local Finance Board

May 23, 2025
10:30 a.m.
31 Stafford Avenue
(Superintendent's Conference Room)
View the Meeting Agenda Packet

August 22, 2025
10:30 a.m.
31 Stafford Avenue
(Superintendent's Conference Room)

November __, 2025
10:30 a.m.
31 Stafford Avenue
(Superintendent's Conference Room)

Daniel W. Smith, EdD
Superintendent
📞 540-658-6000
📧 suptoffice@staffordschools.net

Chris R. Fulmer, CPA, CFA
Deputy Superintendent and Chief Operating Officer
📞 540-658-6000
📧 fulmercr@staffordschools.net

Vacant
Citizen Member
📞
📧

Stafford Schools provides "other post-employment benefits" (OPEB) in the form of medical benefits for eligible retirees. In September 2008, the school board adopted a resolution and a joinder agreement to begin participating in the Virginia Pooled OPEB Trust Fund ("Trust Fund"). This Trust Fund serves to accumulate and invest assets to fund the post-employment benefits.

Pursuant to Section 15.2-1547 of the Code of Virginia, an OPEB Trust local finance board was formed by the School Board of Stafford County to fulfill the school division's trustee responsibilities in overseeing its OPEB investments.