(A) The city shall be responsible for complying with the code's reporting and disclosure requirements and for the purpose of fulfilling such other plan administrative functions as are not specifically assigned to the Plan Administrator and/or insurance carrier. The city may employ a Plan Administrator and/or insurance carrier who will be responsible for the interpretation and administration of this chapter including the payment of health care claims under this chapter.
(B) The city shall be responsible for the performance of its duties as employer and plan sponsor under applicable Internal Revenue Code sections. The city may delegate all or any part of its plan administration responsibilities. Any such delegation shall be done in writing.
(C) The city may employ one or more persons to render advice with regard to any responsibility such fiduciary has under this chapter. Any fiduciary, agent, representative or other person performing services to or for this chapter shall be entitled to reasonable compensation for services rendered, unless such person is employed by the city and already receives full pay from the city, and to reimbursement or expenses properly and actually incurred.
(D) In administering this chapter, the city shall be entitled to the extent permitted by law to rely conclusively on all tables, valuations, certificates, opinions and reports which are furnished by or in accordance with the instructions of accountants, counsel or other experts employed or engaged by the city. All actions taken in a good faith reliance on advice from such advisors are conclusive and binding upon all persons.
(E) The city shall furnish the Plan Administrator and/or insurance carrier, while this chapter is in effect, any information as may be required at intervals and in the form prescribed by the Plan Administrator and/or insurance carrier for the enrollment of retirees for coverage under this chapter and for the processing of terminations or other changes in coverage of retirees and also shall furnish to the Plan Administrator and/or insurance carrier such other information required for the administration of this chapter.
(Ord. 886, passed 11-11-02)