(A) This chapter is established in accordance with the Public Employee Health Care Fund Investment Act, Public Act 149 of 1999, as may be amended, and shall be administered consistent with applicable federal and Michigan law. If any provisions of this chapter shall be for any reason invalid or unenforceable, the remaining provisions nevertheless shall be carried into effect.
(B) Neither the establishment of this chapter nor any modification thereof nor the creation of any fund or account nor the payment of any benefits shall be construed as giving to any person covered under this chapter or other person any legal or equitable right against the city, its elected or appointed officials or employees, the trustees or any individual trustee, nor any title or interest in any assets of the city, its elected or appointed officials or employees, or any trustee except as may otherwise be provided in this chapter.
(C) Neither the city nor the trustees shall be responsible for the validity of any insurance agreement issued in connection with this chapter or for the failure on the part of the insurer to make payments provided by such insurance agreement, or for the action of any person which may delay payment or render an insurance agreement null and void or unenforceable in whole or in part.
(Ord. 886, passed 11-11-02)