Sean provided an update on the School Employee’s Benefits Board (SEBB) program. Effective January 1, 2020, all districts in the state will be required to purchase benefits through SEBB. Sean shared that a number of SEBB-related bills had been introduced during the legislative session. Two of the senate bills included opt-out provisions for school districts offering benefits through an employee benefit trust. None of those bills made it out of committee during the last session. Questions were raised about how the law is written regarding contribution requirements and how the money will be split. Sean will look into it and report back. The group discussed long-term planning and how potential SEBB scenarios might affect the Trust.
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