Resolution 9482 - Laserfiche WebLink

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vii. except as restricted below, delegate to officers or committees any powers or duties which may be performed by the Trustees subject to such limitations as set forth in the action delegating such power or duty. The Trustees will not delegate the following duties: a. amendments to the Agreement; b. addition of Participant Members; c. adoption of By-laws; d. approval of annual budget; e. approval of annual financial statements; f. retention or engagement of financial auditors and legal counsel, except on a temporary or emergency basis. 4.2 Group Employee Benefits. CBA Employee Benefits. The Trustees may from time to time make employee welfare and retirement benefits available for adoption by Participant Members pursuant to a CBA. The Trustees may arrange alternative financing arrangements respecting such benefits, and may administer or arrange for the administration of such benefits. Any employee or collective bargaining representative notification of alternative financing arrangements shall be the responsibility of the Participant Member. The Group Contact for the provision of such benefits shall be between the Participant Member and the Provider Pursuant to Minn. Stat. 471.59, Subd. 5, the Trustees have no authority nor authorization to change a policy or benefit respecting a Participant Member's CBA Employee Benefits in a manner that would reduce the aggregate value of such benefits. ii. Discretionary Employee Benefits. The Trustees may from time to time make available for adoption by Participants Discretionary Employee Benefits. The Trustees may arrange alternative financing arrangements respecting such benefits, and may administer or arrange for the administration of such benefits. The Group Contact for the provision of such benefits shall be between the Participant Member and the Provider. Notwithstanding that a Group Contract for Discretionary Employee Benefits be between a Participant Member and a Provider, the Trustees, upon reasonable notice to Participant Members, may prospectively amend, reduce or terminate any such Discretionary Employee Benefits in its sole and absolute discretion. Reserves. The Trustees shall from time to time determine the minimum amount of funds needed for purposes of risk management and rate stabilization. Any such funds shall be held and used in accordance with, and subject to the limitations set forth in, Section 6. iv. Self -Insurance of Health Benefits. In accordance with Minn. Stat. 471.617, Group Employee Benefits that are employee health benefits may be self -insured. A self- insurance Pool made available by the Trustees shall be a pool established and operated by the Trustees, or by the Trustees and one or more other joint powers governing boards governed by Minn. Stat. 471.59 or service cooperatives by Minn. Stat. 123A.21. 4.3 Other Financial and Risk Management Services. The Trustees may make available Other Financial and Risk Management Services for electing Participant Members and may administer, or 7 Rev. 712015