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OPEB Board Meeting

Regular Meeting

Worcester, MA · September 25, 2025

Agenda

Agenda

Trustees: Eric Batista CITY MANAGER Ex-Officio Robert Stearns, Chair Timothy McGourthy William Bagley Sara Consalvo CITY OF WORCESTER Appointed by City Manager Other Post-Employment Benefits (OPEB) Liability Trust Fund Peter Spadoni Gerardo Schiano Emmilie Roach Elected Active – Anthony Petrone Elected Retiree – John Dwyer OTHER POST-EMPLOYMENT BENEFITS (OPEB) BOARD OF TRUSTEES MEETING NOTICE AND AGENDA Thursday, September 25, 2025, 8:30AM ________________________________________________________________________________ Microsoft Teams Need help? Join the meeting now Meeting ID: 281 126 543 025 1 Passcode: zF2y5LJ2 Dial in by phone +1 469-998-7682,,143411615# United States, Dallas Find a local number Phone conference ID: 143 411 615# For organizers: Meeting options | Reset dial-in PIN ________________________________________________________________________________ 1. Acceptance of Minutes from February 26, 2025 2. Statement of Net Position and investment performance – June 30, 2025 a. Report from OPEB Chair b. PRIM Board Quarterly Investment Updates (Q1 - 3/31/25) and (Q2 – 6/30/25) 3. Action item - Approval of FY25 final $38,222 and FY26 preliminary $40,230 airport retiree health insurance to be paid from Trust as received from the City Administration. CITY HALL, ROOM 203, WORCESTER, MASSACHUSETTS 01608 TELEPHONE (508) 799-1053 www.worcesterma.gov