Investment Committee
The committee's purpose is to manage the investment of the OPEB trust fund. The committee hires an outside professional investment manager to assist them in this process. The committee is responsible for ensuring the funds are invested in accordance with the BOE Investment Policy.
Committee members consist of the FCPS Chief Financial Officer as Trustee, a representative from each of the three bargaining units, one representative from the Administrative, Management and Technical (AMT) employees, one representative from the Human Resources Department, two members from the community, a retiree, and a non-voting Board of Education liaison. Members are expected to attend quarterly scheduled meetings, which will typically occur during the day. The committee may schedule other ad-hoc meetings from time to time.
Other Post Employment Benefits meeting Central Office Building Conference Room 5A Th...
Investment Committee Vacancies
The Board of Education of Frederick County announces a vacancy on the Other Post-Employment Benefits (OPEB) Trust Fund Investment Committee.
The Other Post-Employment Benefits (OPEB) Trust Fund Investment Committee advises and makes recommendations to the Board with respect to investment of the fund in accordance with provisions outlined in the Retiree Benefit Trust of Frederick County Public Schools Trust Agreement.
The Investment Committee has an opening for a community member who resides in Frederick County with a background in, or knowledge of, investment of funds. Members serve a two-year term on the committee, which would begin July 1, 2024 and conclude on June 30, 2026.
Interested applicants should submit a letter of interest and a resume to Kathryn Rich, Executive Assistant to the Board, at Kathryn.Rich@fcps.org by Friday, May 3, 2024.