3.B.
Employee Benefit Trust Board Meeting
- Meeting Date:
- 09/11/2019
- Department Head:
- Maria Munoz
- Submitted By:
- Maria Munoz, HR Technician, Human Resources Department
ITEM:
Discussion and possible action on any and all matters regarding the annual review of the benefit plan. (Susan Posada, Consultant and Broker)
SUMMARY:
As discussed at the meeting held on February 13, 2019, the Trustees are to meet quarterly to review the Trust Fund on a quarterly basis. This would be to ensure "sufficient funds to exist to pay outstanding and future benefits, to pay for losses or claims or any combination of insurance and direct payment, and to pay for risk management consultation."
This item is informational. However, it has been put on the agenda as an action item in case there is any action the Board wishes to take.
This item is informational. However, it has been put on the agenda as an action item in case there is any action the Board wishes to take.
RECOMMENDATION / SUGGESTED MOTION:
I MOTION TO ______________________________________________________