Employee Benefit Trust Fund


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This page provides relevant information concerning the establishment of an employee benefit trust and the accounting associated with the trust.

For districts using Fund 73 OPEB trust, send new studies to derek.sliter@dpi.wi.gov. Districts not using Fund 73 OPEB are not requried to submit the studies to DPI, but do need to have them available for their auditors per the GASB requirement.

Recent Communications

Things to Consider when Establishing an Employee Benefit Trust Fund

DPI Requirements for Fund 73

Employee Benefit Fund (Fund 73) requirements:

Special Education Categorical Aid Eligibility

Trust Investments

Accounting for Trust Activity

  • Sample of Activity (updated 7/21/14) - On Exhibit E, Example #3 was added for the year end accrual of the contribution to the trust. (updated 6/11/14) - On Exhibit A, #2, the yellow boxes were separated for retiree portion remitted to the trust and retiree portion paid directly to insurance vendor by retiree (self-pay). The self-pay amount is included on the Sample of Activity only for the calculation of the actual implicit rate subsidy.
  • Fund 73 - Account Descriptions and OPEB Sample Entries (updated 10/23/13)

Note to School Districts/others with Fund 73

Many decisions are required during the establishment of an employee benefit trust fund (fund 73). These decisions are the sole responsibility of the school district. DPI does not make a determination regarding legality or risks associated with the trust including investments and debt. DPI does provide guidance on how to account for the activity for filing DPI required reports and determination of district aid eligibility.

For questions about this information, contact Derek Sliter (608) 267-9218