BOE Announces Investment Committee Vacancy

BOE Announces Investment Committee Vacancy

The Board of Education of Frederick County announces a vacancy on its Other Post-Employment Benefits (OPEB) Trust Fund Investment Committee.

The Investment Committee has an opening beginning July 1, 2020 for a Frederick County Public Schools (FCPS) retiree who resides in Frederick County. Member terms are staggered and last two years. 

The Investment Committee’s purpose is to manage the investment of funds in the FCPS employees’ OPEB trust fund. The committee hires an outside professional investment manager to assist in this process. The committee is responsible for ensuring the funds are invested in accordance with the BOE Investment Policy. 

Members are expected to attend quarterly scheduled meetings, which typically occur during the day. The committee may also schedule other ad-hoc meetings throughout the year, as needed.

The Board seeks an FCPS retiree with knowledge of investing funds. To apply, email a letter of interest, contact information and relevant experience by Tuesday, May 5, 2020 to boe.committees@fcps.org

For more information about the above vacancy, please contact FCPS Chief Financial Officer Leslie Pellegrino, 301-644-5009, Leslie.Pellegrino@fcps.org.