A. The participants shall be responsible for investment of their PEHP Account Funds. The City shall not be required to replace any loss which may result from participants’ investment of their PEHP Account Funds.

B. The City shall indemnify, defend, save and hold harmless the Board and the members from and against any and all claims, actions, liabilities, damages, losses or expenses (including court costs, attorneys’ fees, and costs of claim processing, investigation and litigation) with respect to actions taken by the Board in good faith and in furtherance of the purposes of this Article. (Ord. No. G-5049, § 2, 2007)