Other Post Employment Benefits (OPEB) Trust Fund
Welcome to the Other Post Employment (OPEB) Trust Fund webpage of the City of Pittsburgh.
The OPEB Trust is an entity separate from the City for the exclusive benefit of the beneficiaries and not of the city. Ownership of OPEB trust assets shall be held by the Trustees at all times and; Except as provided in the OPEB Trust agreement with respect to distribution of assets upon OPEB Trust, termination, the OPEB Trust assets shall not be considered funds or assets of the city for any purpose.
Notices
Public Notice of City of Pittsburgh Other Post Employment Benefit Trust Fund Selection of a Professional Service Provider
November 13, 2024
The City of Pittsburgh Other Post Employment Benefit Trust Fund (“OPEB”) issued a Request for Proposals on September 19, 2024. OPEB sought proposals from qualified providers to serve as the custodian and investment advisor to the Board of Trustees (“Board”) of the OPEB.
After a thorough review of each of the subsequently received proposals at the meeting of the Board on November 13, 2024, the Board elected to retain Marquette Associates as the investment advisor because of the following reasons: Marquette Associates has experience in providing investment consulting to entities similar to OPEB and Marquette Associates proposed a flat fee at a competitive rate.
The OPEB Fund is searching for custodial and investment services. Read the RFP here(PDF, 223KB).
Board Members
- Jennifer Gula - Chair
- Council President R. Daniel Lavelle
- Controller Rachael Heisler
- Paula Kellerman- Board member
- Krysia Kubiak- Board member
Meeting Dates
Meeting Materials
2024
2023
2022
2021
2020
2019
2018