City Maintains PARS Trust for OPEB Liabilities
City of BrisbaneCity · Brisbane, CA- Disclosed value
- $4,317,134 (trust investments balance as of April 30, 2025)
- From agenda
- Document date
- Jun 5, 2025
- Term
- Ongoing trust arrangement
The 30-second brief
The City of Brisbane maintains a PARS OPEB Trust with about $4.3 million in assets as of April 30, 2025 to prefund retiree health and other post‑employment benefits. The trust arrangement supports long‑term liability management and investment of OPEB assets.
Pars Opeb Trust holds this financial services contract with City of Brisbane.
Term as filed: Ongoing trust arrangement.
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Contract details
- Contract type
- Financial Services
- Amount
- $4,317,134 (trust investments balance as of April 30, 2025)
- Document date
- June 5, 2025
- Term
- Ongoing trust arrangement
- Vendor
- Pars Opeb Trust
- Agency
- City of Brisbane
- Source document
- city-of-brisbane-joint-city-council-meeting-agenda-june-5-2025_7b4.pdf (Agenda)
Pars Opeb Trust's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Brisbane?
Pars Opeb Trust was awarded this financial services contract by City of Brisbane, as recorded on June 5, 2025. The contract value is $4,317,134 (trust investments balance as of April 30, 2025).
How much is the Pars Opeb Trust contract with City of Brisbane worth?
The Pars Opeb Trust contract with City of Brisbane is valued at $4,317,134 (trust investments balance as of April 30, 2025), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-brisbane-joint-city-council-meeting-agenda-june-5-2025_7b4.pdf (Agenda), dated June 5, 2025 from City of Brisbane. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pars Opeb Trust hold?
Pars Opeb Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Brisbane currently buying?
Explore City of Brisbane's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.