If there ever was an ideal time for a local governmental entity to be a member of the Delaware Valley Trusts, that time is now. Each year, the Executive Committees of the Property and Liability Trust (DVPLT), the Workers’ Compensation Trust (DVWCT) and the Health Trust (DVHT) in consultation with the Trusts’ actuaries and consultants, determine funding amounts for member rewards programs including rate stabilization funds, dividends, multi-trust discounts, risk control grants, etc. These programs are ways for the Trusts to return money to the membership. As a result of COVID-19, public entities have experienced revenue shortfalls and our membership is facing 2021 budgetary challenges. In response, all three Executive Committees approved funding to provide members with additional rate relief for 2021. Read more…