Policy 101
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The committee's purpose is to manage the investment of the OPEB trust fund. The committee hires an outside professional investment manager to assist them in this process. The committee is responsible for ensuring the funds are invested in accordance with the BOE Investment Policy.
Committee members consist of the FCPS Chief Financial Officer as Trustee, a representative from each of the three bargaining units, one representative from the Administrative, Management and Technical (AMT) employees, one representative from the Human Resources Department, two members from the community, a retiree, and a non-voting Board of Education liaison. Members are expected to attend quarterly scheduled meetings, which will typically occur during the day. The committee may schedule other ad-hoc meetings from time to time.
View a playlist of Board Committee meetings on our YouTube channel.
Investment Committee Vacancies
The Board of Education of Frederick County announces a vacancy on the Other Post-Employment Benefits (OPEB) Trust Fund Investment Committee.
The Other Post-Employment Benefits (OPEB) Trust Fund Investment Committee advises and makes recommendations to the Board with respect to investment of the fund in accordance with provisions outlined in the Retiree Benefit Trust of Frederick County Public Schools Trust Agreement.
The Investment Committee has the following volunteer opening:
- One (1) opening for a retiree who resides in Frederick County with a background in, or knowledge of, investment of funds to serve a two-year term beginning on the date of appointment through June 30, 2028. At the conclusion of the two-year term, the committee member is eligible for reappointment for additional two-year terms.
For more information on the OPEB Committee, please see Section 101.D.3 of Policy 101.
Interested applicants should submit the following documents to be considered for these openings:
- A letter of interest with your qualifications
- A resume
Please send your letter of interest and resume to Kathryn Rich, Executive Assistant to the Board, at [email protected] by the close of business on Tuesday, June 30, 2026.