College of Southern Maryland: First College to Join MACo’s OPEB Investment Trust

Last week, the Board of the College of Southern Maryland (CSM) approved the College’s participation in MACo’s OPEB Investment Trust. CSM is the first college to join the investment trust.

As previously reported on Conduit Street, the MACo OPEB Investment Trust is a newly developed offering to assist counties and other local government units to invest toward long-term liabilities of their retiree health insurance cost programs.

For more information, see Conduit Street‘s previous coverage of the Trust creation.