(1) Administer the Trust Fund pursuant to this article and the Trust Agreement.

(2) Provide financial oversight of the Trust Fund by evaluating claim expenses and reserve amounts.

(3) Review quarterly the Trust Fund to ensure sufficient funds exist to pay outstanding and future benefits, to pay losses or claims or any combination of insurance and direct payment, and to pay for risk management consultation.

(4) Make recommendations to the City Manager on financial issues relating to the Health Care Benefit Plans covered under the Trust including appropriate premiums.

(5) Comply with all requirements of State and Federal laws relating to self-insurance programs for the management and administration of the Health Care Benefits Plan or other self-insured system for direct payment of benefits, losses or claims or any combination of insurance and direct payment, and including risk management consultation.

(6) Meet at least four times a year, or more frequently as the Chairperson of the Board deems necessary or upon the request of the City Manager.

(7) Comply with the State of Arizona’s Open Meeting Law (A.R.S. §§ 38-431 through 38-431.09).

(1) Adopt rules or policies for the operation of the Board, which are not inconsistent with the City Code, the laws of the State of Arizona, the City Charter or any City ordinances or resolutions.

(2) Appoint committees.

(3) Request the City Manager to designate staff to perform assignments necessary for the administration of the Trust Fund.

(4) Consult with or advise any committee, task force or working group established by the City to address health care issues to make recommendations to the City Manager regarding such issues.

(5) Delegate its duties and responsibilities solely in a manner consistent with its fiduciary responsibilities. (Ord. 17-1349, passed 4-24-2017)