Recent Posts

Fed Raises Rates

September 18, 2026 The Federal Open Market Committee (FOMC) raised the federal funds target range by a quarter point on

Fed Faces Tough Rate Decision

September 11, 2026 Inflation data took center stage this week ahead of next Wednesday’s Federal Open Market Committee (FOMC) and

Jobs Data Shifts Fed Outlook

September 4, 2026 The prior week’s Jackson Hole keynote by new Federal Reserve Chair Kevin Warsh struck a more hawkish

Fed Signals Patience

August 28, 2026 Federal Reserve Chair Kevin Warsh delivered his first Jackson Hole address this morning, placing inflation firmly at

Labor Market Softens

August 7, 2026 The July employment report was the week’s dominant story as U.S. employers unexpectedly cut jobs during the

Fed Holds Amid Mixed Signals

This week included the much-anticipated Federal Open Market Committee meeting concluding on July 29th. The Federal Reserve held its policy

Section 115 Trust Considerations for Public Agencies for Funding OPEB Obligations

Across the country, public agencies, corporations, and individuals face the challenges of funding increasing retirement benefit costs. One of the major reasons that retirement benefit costs continue to rise is due to lower expected future investment returns. Although there are many approaches and tools to address retirement benefit costs for public agencies, in this summary we will focus on how a Section 115 Trust can be used as a tool to meet the challenges of increasing retirement benefit costs for other post-employment benefits (OPEB) and pension costs.

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