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JOINT POWERS AGREEMENT <br /> FOR GROUP EMPLOYEE BENEFITS AND OTHER FINANCIAL AND RISK MANAGEMENT <br /> SERVICES <br /> (Revision 7.2) <br /> Table of Contents <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 />