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<br />JOINT POWERS AGREEMENT <br />FOR GROUP EMPLOYEE BENEFITS AND OTHER FINANCIAL AND RISK MANAGEMENT <br />SERVICES <br />(Revision 7.2) <br />Ubcmf!pg!Dpoufout! <br />RECITALS .................................................................................................................................... 3 <br />SECTION 1:PURPOSE, INTENT AND OBJECTIVE ........................................................... 3 <br />1.1 Purpose. ................................................................................................................................ 3 <br />1.2 Compliance with Applicable Laws ...................................................................................... 3 <br />1.3 Prior Agreements. ................................................................................................................ 3 <br />SECTION 2:DEFINITIONS ....................................................................................................... 4 <br />SECTION 3: JOINT POWERS GOVERNING BOARD OF TRUSTEES ............................. 5 <br />3.1 Board Membership............................................................................................................... 5 <br />3.2 Upon Dissolution of the SC. ................................................................................................ 6 <br />SECTION 4: RIGHTS AND RESPONSIBILITIES OF THE TRUSTEES ........................... 6 <br />4.1 Authorized Powers. .............................................................................................................. 6 <br />4.2 Group Employee Benefits. ................................................................................................... 7 <br />4.3 Other Financial and Risk Management Services. ................................................................ 7 <br />4.4 Operating Agreement. .......................................................................................................... 8 <br />4.5 SC Service Fees.. ................................................................................................................. 8 <br />4.6 Service Providers. ................................................................................................................ 8 <br />4.7 Premiums and/or Contract Charges. .................................................................................... 8 <br />4.8 Advisory Committee(s). ....................................................................................................... 8 <br />4.9 Authority of Board of Trustees ............................................................................................ 9 <br />4.10 Liability Limited.. ................................................................................................................ 9 <br />4.11 Withdrawal by Board of Trustees. ....................................................................................... 9 <br />SECTION 5: RIGHTS AND RESPONSIBILITIES OF PARTICIPANT MEMBERS ........ 9 <br />5.1 Enrollment and Renewal. ..................................................................................................... 9 <br />5.2 Participant Members to Furnish Data. ................................................................................. 9 <br />5.3 Remittance of Premiums and Contract Charges. ................................................................. 9 <br />5.4 CBA Employee Benefits. ..................................................................................................... 9 <br />5.5 Participant Member Withdrawal. ....................................................................................... 10 <br />5.6 Effect of Participant Member Withdrawal. ........................................................................ 10 <br />SECTION 6: PROGRAM FUNDS ADMINISTRATION ...................................................... 11 <br />1 <br />Rev. 7/2015 <br /> <br />