3.B.
Employee Benefit Trust Board Meeting
- Meeting Date:
- 09/08/2021
- Department Head:
- Maria Munoz
- Submitted By:
- Maria Munoz, HR Benefits Coordinator, Human Resources Department
ITEM:
Discussion and possible action on any and all matters regarding the quarterly review of the benefit plan. (Monica Castro, Director of Finance and Susan Posada, Broker and Consultant)
SUMMARY:
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 ___________________________________________
Fiscal Impact
Fiscal Impact:
N/A