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HilltopSecurities Presents: OPEB Webinar for Texas Local Governments
Friday, November 14, 2025, 10:00 AM - 2:30 PM CST
Category: Virtual
HilltopSecurities Presents: OPEB Webinar for Texas Local Governments
Friday, November 14, 2025
10:00 AM-2:30 PM Central Time
Free to Attend, CPE and Texas PRB Trustee MET Credit Available
Speakers include:
- Stephanie Leibe, Partner at Norton Rose and Chair of the Texas Pension Review Board
- Brian Whitworth, Senior Vice President, Pension & OPEB at HilltopSecurities
- Jeff Wada, Senior Audit Manager at Weaver & Tidwell
- Jenn Castelhano & Scott Porter, Principals & Consulting Actuaries at Milliman
- George Fotinos, CFO, Harris County METRO
- Phyllis Garcia, Treasurer, San Antonio Water System
- Tom Breaden, Executive Director & Tim Buckley, Managing Principal, Fiduciary Consulting Group at Morgan Stanley.
Join us for an in-depth webinar on Other Post-Employment Benefits (OPEB) for Texas local governments. We will discuss the key differences between pension and OPEB, review findings regarding 160 local entities, including why certain public entities are more likely to prefund and how some have become overfunded.
Attendees will gain practical insights into reading actuarial reports, understanding GASB rules, and identifying common audit challenges. We’ll also cover fiduciary responsibilities, effective communication with employees, and the prefunding process. Investment strategy topics include selecting and monitoring consultants and asset managers, asset allocation, performance evaluation, and avoiding overfunding. Whether you're a fiduciary, accountant, finance officer, or plan administrator, this session will equip you with the tools to navigate OPEB with confidence.
HilltopSecurities has partnered with the North Central Texas Council of Governments Training and Development Institute as an independent sponsor for CPE training hours.
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Session Topics / Learning Objectives
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• A survey of Texas OPEB obligations and prefunding, comparisons to pensions
• OPEB actuarial reports and assumptions
• OPEB Accounting
• Plan and prefunding experience of two public agencies
• Fiduciary duties: loyalty, prudence, delegation, vendors
• Funding policies, withdrawals
• Investments, asset classes, selecting managers, benchmarking
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Training Credits
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This seminar is designed to provide the following training credits if attended in its entirety:
CPE Credits: 4 hours Technical Business CPE credits
Texas PRB Pension Trustee Continuing Education Training: 2 1/3 hours
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Attendance & Registration
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This will be a live webinar on Teams. Space is limited. There are no prerequisites for this course; it does not require any advanced preparation. For more information regarding compliance and/or program cancellation policies, please contact our offices at 214-953-4167
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North Central Texas Council of Governments is registered with the Texas State Board of Public Accountancy (TSBPA) as a CPE sponsor. This registration does not constitute an endorsement by the board as to the quality of the CPE program. There are no prerequisites for this program.
Note: This material has been prepared by Hilltop Securities Inc. It is intended for educational and informational purposes only and does not constitute legal or investment advice, nor is it an offer or a solicitation of an offer to buy or sell any investment or other specific product. Information provided was obtained from sources that are believed to be reliable; however, it is not guaranteed to be correct, complete, or current, and is not intended to imply or establish standards of care applicable to any attorney or advisor in any particular circumstances. The views are subject to change without notice. Hilltop Securities Inc. is a wholly owned subsidiary of Hilltop Holdings, Inc. (NYSE:HYH) located at 717 N Harwood Street, Suite 3400, Dallas, Texas 75201. 214.859.1800.
©2025 Hilltop Securities Inc. | All rights reserved | MEMBER: NYSE/FINRA/SIPC
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Contact: 214-953-4167
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