Laserfiche WebLink
by the Beafd.- Participants are allowed to solicit bids and other information from competing <br /> sources of health coverage at any time other than within five months prior to the end of the <br /> contract period. NJPA Pool members are allowed to solicit bids from October IS` to April 30`h <br /> and indicate their intent to withdraw at least one hundred fifty three (153) days prior to the next <br /> renewal date. <br /> 5.5.3 Withdrawal Relating to Dual Offering. If a Participant offers Group Employee <br /> Benefits through an additional or different plan which, in the discretion of the Board, are <br /> considered to be substantially similar to those provided by a Pool in which the Participant <br /> participates,then the Board retains the right to deem that such Participant has withdrawn from the <br /> pool. <br /> 5.5.4 Withdrawal at Annual Renewal. <br /> ef a GFeup Employee Benefit or-QtheF Finaneial er-Risk Management Sen,iee in whieh-a <br /> Pe#ieipant gives advanee v�T-itten netise ef its intefit to withdraw pr-emptly(within 3 0 days) <br /> meeiving aefiee of the mmer-ial ehange, even if sueh nefiee is given less then 120 days in advanee <br /> Participants are allowed to solicit bids and other information from <br /> competing sources of health coverage at any time other than within five months prior to the end <br /> of the contract period. NJPA Pool members are allowed to solicit bids from October P to April <br /> 30`h and indicate their intent to withdraw at least one hundred fifty three (153)days prior to the <br /> next renewal date. <br /> 5.6 Effect of Participant Withdrawal. Upon a Participant's withdrawal or deemed <br /> withdrawal from this Agreement or from a Pool,the following rules shall apply: <br /> 5.6.1 Withdrawal from this Agreement. Upon its withdrawal from this Agreement, <br /> a Participant shall be deemed to have withdrawn from all Pools maintained under this Agreement <br /> in which the Participant is participating at the time of such withdrawal. If a Participant no longer <br /> participates in any Pool,the Participant shall be deemed to have withdrawn from this Agreement, <br /> as well as from the applicable Pool(s). <br /> 5.6.2 Withdrawal from a Pool. Withdrawal by a Participant from any Pool shall not <br /> affect the Participant's participation in any other Pool. <br /> 5.6.3 Program Funds. No Program Funds, other than Partially Self Insured Program <br /> (PSIP), or any other amounts that may, in any way, be attributable to a Participant's participation <br /> in a Pool shall be returned to the Participant in the event such Participant's participation in the <br /> Pool ends prior to the Pool's termination. <br /> 5.6.4 Future Participation Limited. If a Participant withdraws or is deemed by the <br /> Board to have withdrawn from a Pool, such Participant's participation in such Pool shall be <br /> prohibited for a period of twenty f• r-(24)meet s twelve (12) months from the date of such <br /> -8- <br />