GASB 45 Trust

The TSBA GASB 45 Trust helps those systems wishing to pre-fund their OPEB liability. The trust is administered by TSBA, an entity answerable directly to its members. The school system’s investment will lower their annual required contribution (ARC) and their overall OPEB liability. By pooling resources, the TSBA GASB 45 trust will lower per-system costs and has the potential to increase the system’s return on investment.

TSBA has partnered with Willis, a leading financial advisory group, to provide the actuarial service required by GASB 45 at a competitive price. For information on how your system can join the Trust, please contact Joel Moseley at 800/448-6465, ext. 3906 or Leigh Mills at ext. 3905.

The GASB 45 Trustees, which are appointed by the TSBA Board of Directors, are:

  • Jackie DeitmanHickman County Board Chairman (Middle)
  • Debbie SheddenHawkins County Board Member (East)
  • Michael WissmanShelby County Board Member (At-Large)
  • Gerald BucklesJohnson County Chairman (At-Large)
  • David Baker, Hardin County Board Member (West)
  • Bob Alvey, Jackson/Madison County Board Member & TSBA President (Ex-Officio)
  • Tammy Grissom, TSBA Executive Director (Ex-Officio)
Dates and Locations for the 2012 Board of Trustees Meetings:
  • Monday, February 20, 2012 at 4:00 p.m. Nashville, TSBA Headquarters
  • Thursday, July 12, 2012 at 5:15 p.m. Gatlinburg, Park Vista Hotel
  • Monday, November 5, 2012 at 7:30 a.m. Gaylord Opryland Hotel and Convention Center

Frequently Asked Questions

Pricing & Data Request Sheet

Brochure