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 insure sufficient funds exist to pay outstanding and future benefits, losses or claims or any combination of insurance and direct payment, and including risk management consultation.

4. Make recommendations to the City Manager on financial issues relating to the Health Care Benefits Plan, including appropriate premiums and rates for participants.

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. Appoint the member who is an employee or retiree of the City as its Chairperson and elect from its other members a Vice-Chair who shall preside over the work of the Board in the absence of the Chairperson.

7. 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.

1. Adopt rules or policies for the operation of the Board, which are not inconsistent with this article, the laws of the State, the City Charter or any City ordinances.

2. Appoint committees.

3. Request the Human Resources Department and Finance Department 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. No. G-4721, § 1, 2005; Ord. No. G-5016, § 4, 2007; Ord. No. G-5444, § 3, 2009)