Created in 1984, the VEBA Plan is a funded health reimbursement arrangement (HRA) program for school districts, educational service districts, and community and technical colleges in the state of Washington. The VEBA Medical Expense Plan (MEP) is a similar program for state agencies and higher education institutions. Both plans are commonly referred to as the “VEBA Plan” or “VEBA Plans.” These plans provide benefits to over 100,000 public employees and retirees from more than 400 employers.

Plan assets (participant account balances) are held by VEBA Trust, a non-profit, multiple-employer voluntary employees’ beneficiary association (VEBA) authorized under Section 501(c)(9) of the Internal Revenue Code. VEBA Trust is managed by a six-member Board of Trustees appointed by the founding associations: Association of Washington School Principals (AWSP), Washington Association of School Administrators (WASA), and Washington Association of School Business Officials (WASBO). The Board also serves as the VEBA Plan administrator.

An annual audit of VEBA Trust is performed by a certified public accounting firm.

Mission Statement

“The VEBA Trust provides high-quality, tax advantaged health reimbursement plans for public employees in Washington.”


VEBA Trust Provides high-quality, tax-advantaged health reimbursement plans for public employees in Washington.