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Docket #0735PassedUpdated June 3, 2026

Appropriate $40,000,000 to the OPEB Liability Trust Fund

Committee on Ways and Means

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PassedJune 3, 2026Latest

The report was accepted; the order was passed.

ReferredApril 8, 2026First recorded

Referred to — Committee on Ways and Means

Full Docket Language

On the message and order, referred on April 8, 2026, Docket #0735, approving an appropriation of Forty Million Dollars ($40,000,000.00) to the Other Post-Employment Benefits (OPEB) Liability Trust Fund authorized under Chapter 32B, §20, as added by Chapter 479 of the Acts of 2008. The latest available OPEB actuarial valuation as of June 30, 2023 estimated the City’s unfunded liability at $2.68 Billion Dollars, the committee submitted a report recommending that the order ought to pass.