The Great GASB Alternative for Retiree Health & Welfare Liabilities
Futuris is a comprehensive program that provides all the needed elements for Governmental Accounting Standards Board (GASB) 43 & 45 compliance from a single source while providing assistance with meeting the public agency’s fiduciary obligations.
The Futuris solution brings together the best providers in the country to provide:
- Actuarial Evaluation & Report
- GASB Consulting
- Cost Reduction Strategies
- Compliance Planning
- Trust Creation & Operation
- Investment Options
- Fund Management
- Reporting & Fiduciary Compliance
- Customized Solutions
- Assistance With Your Agency’s Fiduciary Obligations
The Futuris trust structure was designed to protect your agency based on the relationship between your agency’s Board of Trustees, your agency’s Futuris Retirement Board and their ability to delegate fiduciary liability. The Futuris trust structure provides flexibility for investment of monies, with a range of investment options based on goals and risk tolerance. By aligning discretionary trust services with a registered investment advisor, a GASB Plan arrangement can provide the assistance needed to meet the public agency’s fiduciary obligation relating to the retiree Other Post-Employment Benefit (OPEB) funds.