So, does anyone question whether Templeton has a real OPEB Trust Fund? 

Town Meeting of May 14, 2016, voted to accept MGL c.32B, section 20: article 2. On a motion duly made and seconded the town voted to accept provisions of Section 20 of
Chapter 32B of the Massachusetts General Laws and to direct the Town Treasurer to establish an Other Post- Employment Benefits Trust Fund in the Treasury of the Town;
and further, to charge the Town Administration with developing an OPEB funding schedule and obtaining approval of said schedule by the Public Employee Retirement
Administration Commission of the Commonwealth; and further, to transfer Sixty Four Thousand Six Hundred and Eight Dollars ($64,608) from the FY’16 Selectmen’s Expense
Account (1000-122-100-54-5420-0000) to the OPEB Liability Trust Fund.

If you look on one of the monthly expenditure reports (available on town website within the quarterly reports) you will fine Town OPEB / account # 7500-000-000-59-5961-0000 and under that account # it states Town OPEB - transfer to general fund. Does not say . . . OPEB trust fund. Also, if we have a true trust fund, where or who are the trustees? Other towns I have looked at that do have Trust fund, have documentation and have trustees listed. (Town of Ayer, MA) 

On Friday last, I phoned Public AGency Retirement Systems / PARS and spoke with a lady, who after checking out Templeton town website, stated it does not look like Templeton has taken the final steps to create the Trust Fund. I am betting there are many people in Templeton that would be of the opinion we have a trust fund, we voted for it and we have been putting money into OPEB. What it looks like has been happening is money has been put aside, but not in a true trust, which I was told by PARS that money could be used for other purposes, it is not "locked away" as it would be with a true trust fund. This is important, as it would cover what is now a liability of the town. I have emailed all selectmen, advisory committee and town administrator on this important issue.

This is important to taxpayers and Town employees, retired already and those to be; getting a trust fund and fully funding it would be one more important step in getting the town of good financial ground.