Cost-Effective GASB 74/75 Liability Funding

An affordable solution for smaller public agencies to reduce their unfunded retiree health care liabilities and achieve competitive rates of return.

Cities throughout California now face devastating financial impacts from retiree health care liabilities. Prefunding your OPEB liability into a separate GASB 74/75-qualified trust has great advantages over your other options, but you might be thinking – “It is difficult to manage.” “It’s risky.” “We are exposed to new liabilities.” This is not the case with MuniMET.
MuniMet is built on Keenan’s 45 years of public agency experience. Our GASB 74/75 prefunding solution:
  • Is easy to understand and implement
  • Requires minimal administration
  • Mitigates your agency’s fiduciary liability
  • And it provides you with greater rates of return to reduce your unfunded liabilities.

Dependability and Experience

MuniMET brings together the expertise of Keenan, Morgan Stanley and Benefit Trust in handling over $700 million in OPEB trust assets for California public agencies. Our long and experienced track record makes MuniMET a safe, dependable alternative for prefunding your OPEB obligations.

Invest Confidently, with Accountability and Flexibility

MuniMET is a turnkey prefunding solution that uses a multiple employer trust model to keep expenses low and streamline your administrative burden. Regular reporting, annual portfolio reviews and market overviews provide you with total transparency and accountability. The program gives you the flexibility to join MuniMET with no minimum contribution, implement cost containment strategies to reduce your unfunded liability, and the ability to move to a single employer trust at any time.

© Copyright 2016 MuniMET


Contact us and find out how MuniMET can help your agency

Fix the following errors: