Formed in 1990, HRA VEBA Trust is a non-profit, multiple employer voluntary employees’ beneficiary association (VEBA) authorized under Internal Revenue Code 501(c)(9). HRA VEBA Trust offers a funded health reimbursement arrangement (HRA) plan available to certain governmental employers in the Northwest (Washington, Oregon, and Idaho). The Trust is managed by a Board of Trustees elected by the plan participants, participating employers, or the Board itself, depending on the Trustee position.
HRA VEBA Trust currently provides benefits to 60,000+ public employees and retirees from more than 600 governmental employers in the Northwest. Participating employers include cities, counties, ports, public utility districts, fire districts, water and wastewater districts, and other types of special purpose districts, including school districts in Oregon and Idaho.
An annual audit of HRA VEBA Trust is performed by a certified public accounting firm.
The HRA VEBA Trust provides public employees a tax-free health reimbursement arrangement (HRA), compliant with regulatory requirements, efficient administration, prudent investments, and superb service.