It shall be the duty of the Retirement Committee to:
(A) Elect a chairperson, a vice-chairperson, and such other officers as the committee deems appropriate;
(B) Hold regular quarterly meetings and special meetings upon the call of the chairperson;
(C) Conduct meetings pursuant to the Nebraska Open Meetings Act;
(D) Provide each employee a summary of plan eligibility requirements and benefit provisions;
(E) Provide, within thirty (30) days after a request is made by a participant, a statement describing the amount of benefits such participant is eligible to receive;
(F) Make available for review an annual report of the system’s operations describing both the amount of contributions to the system from both employee and employer sources and an identification of the total assets of the retirement system; and
(G) Beginning December 31, 2017, and each December 31 thereafter, the chairperson of the Retirement Committee shall file with the Nebraska Public Employees Retirement Board an annual report on each retirement plan established pursuant to section 401(a) of the Internal Revenue Code and administered by a retirement system established pursuant to Neb. RS §§ 16-1020 to 16-1042, as amended, and shall submit copies of such report to the Nebraska Auditor of Public Accounts.
(Ord. 3881, § 1, passed 9-25-2017)