St. No. 1 at 21-26, OCA St. No. 1S at 10-14; OTS St. No. 2 at 20-27; OTS St. No. 2-SR at 8-12. In rebuttal, the City proposed that rates sufficient to begin payments into an established OPEB Trust Fund be approved, contingent on trust fund establishment requirements similar to those in Docket No. R2009-2139884. City Pa. P.U.C. v. PGW, St. No. 2R at 1-4. The City offered further clarification of its position in rejoinder testimony, which provided the terms for the Partial Settlement on this issue, entered into between the City and the OCA and unopposed by the OTS. City St. No. 2-OR. These provisions are as follows: OPEB: Other than Pension Employee Benefits The OPEB issue is settled as follows: The City receives an annual amount for outside-City customers of $810,618, provided that it agrees to: a. No later than April 1, 2011, the City of Lancaster will begin the process to establish an OPEB Trust Fund; and b. Provide to the Commission and the active parties to this proceeding, a complete copy of the Irrevocable Agreement in a subsequent submission filed with the Commission to inform them that the Trust Agreement has been finalized. The Irrevocable Trust shall be established prior to the effective date for the portion of the rate increase specifically required to fund the OPEB Trust Fund; and c. Begin monthly OPEB deposits into the Irrevocable Trust in the first full month following Commission approval of this Settlement or the filing of the Trust Agreement, whichever is later. Understanding that during the transition year of 2011, the entire Annual Required Contribution will
St. No. 1 at 21-26, OCA St. No. 1S at 10-14; OTS St. No. 2 at 20-27; OTS St. No. 2-SR at 8-12. In rebuttal, the City proposed that rates sufficient to begin payments into an established OPEB Trust Fund be approved, contingent on trust fund establishment requirements similar to those in Pa. P.U.C. v. PGW, Docket No. R2009-2139884. City St. No. 2R at 1-4. The City offered further clarification of its position in rejoinder testimony, which provided the terms for the Partial Settlement on this issue, entered into between the City and the OCA and unopposed by the OTS. City St. No. 2-OR. These provisions are as follows: OPEB: Other than Pension Employee Benefits The OPEB issue is settled as follows: The City receives an annual amount for outside-City customers of $810,618, provided that it agrees to: a. No later than April 1, 2011, the City of Lancaster will begin the process to establish an OPEB Trust Fund; and b. Provide to the Commission and the active parties to this proceeding, a complete copy of the Irrevocable Agreement in a subsequent submission filed with the Commission to inform them that the Trust Agreement has been finalized. The Irrevocable Trust shall be established prior to the effective date for the portion of the rate increase specifically required to fund the OPEB Trust Fund; and c. Begin monthly OPEB deposits into the Irrevocable Trust in the first full month following Commission approval of this Settlement or the filing of the Trust Agreement, whichever is later. Understanding that during the transition year of 2011, the entire Annual Required Contribution will
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