Plymouth County OPEB Trust (PCOT)
The Plymouth County OPEB Trust (PCOT) is a ready-to-use, IRC Section 115 multiple-employer, irrevocable trust program established by Plymouth County and the County Treasurer to assist public entities in Plymouth County and neighboring counties pre-fund retiree healthcare liabilities, otherwise known as Other Post Employment Benefits (OPEB). PCOT is compliant with M.G.L. 32B:20 and GASB, and has received a favorable IRS Private Letter Ruling covering all members that join.
PCOT is available to public entities in Plymouth, Barnstable, Bristol, and Norfolk counties. PCOT is administered by a national leader in OPEB trust administration, Public Agency Retirement Services (PARS) and utilizes the largest trustee of OPEB assets in the nation, U.S. Bank.
PCOT provides a FLEXIBLE and FULL-SERVICE approach
Contact:
Thomas O'Brien, Plymouth County Treasurer - 508-830-9130 / tobrien@plymouthcountyma.gov
Contact - to send questions
Name | Title |
---|---|
Thomas O'Brien | Plymouth County Treasurer |