HomeMy WebLinkAbout2013-022IN U-SAM WAN-MM
I' WIM RIJ I LOWMAIMAI
WHEREAS, the Association of Washington Cities Employee Benefit Trust (the "Trust")
is an entity to which contributions by cities and towns and non -city entities organized and
existing under the Constitution or laws of the State of Washington and who are members of the
Trust ("Participating Cities and Towns," and "Participating Non -City Entities") and their
employees can be paid and through which the Board of Trustees of the Trust ("Trustees")
provides one or more insured health and welfare benefit plans or programs to Participating Cities
and Towns' and Non -City Entities' employees, their dependents and other beneficiaries
("Beneficiaries"), on whose behalf the contributions were paid; and
WHEREAS, the Trust qualifies as a voluntary employee beneficiary association within
the meaning of Section 5 01 (c)(9) of the Internal Revenue Code, providing for the payment of
life, sick, accident or other benefits to Beneficiaries; and
cietermineci ME it is in Me Dest interest oT f articipating Cities ana I owns anin,l:-o--n--UiT-vy-E—nTific-,c
to jointly self -insure certain health benefit plans and programs for Beneficiaries through a
designated account within the Trust, while at the same time having the Trust continue as the
entity to which other insured health and welfare benefit program contributions are paid and
through which insured health and welfare benefit plans and programs are provided to
Beneficiaries; and
III -• III I • I I III !I I
WHEREAS, Chapter 48.62 RCW provides that two or more local government entities
may, by Interlocal agreement under chapter 39.34 RCW, jointly self -insure health benefit plans
and programs, and/or jointly hire risk management services for such plans or programs by any
one or more of certain specified methods; and
WHEREAS, the Association of Washington Cities Employee Benefit Trust Interlocal
Agreement (the "Interlocal Agreement") attached hereto creates a joint self -insured health an
welfare benefit program (the "Health Care Program") to be administered by the Trustees for t
purposes of providing self -insured health benefits to Beneficiaries; and I
WHEREAS, WAC 200-110-030 requires every local government entity participating in a
joint self-insurance health and welfare benefit program to adopt such program by resolution; and
WHEREAS, Chapter 48.62 requires Health Care Program assets to be managed
consistent with existing authority over use of municipal of in RCW 35.39,030. The Trust w
manage Health Care Program reserves in compliance with Chapter 48.62 RCW; RCW
35.39,030, and the Health Care Program Investment Policy; and I
WHEREAS, all premium contributions for use in the Health Care Program are deposited
into a designated account within the Trust, the Health Care Program Account (the "HCP
Account"), and the HCP Account represents a pool of funds that is independent of all other Trus',-i
or AWC funds; and
WHERAS, the Trust intends to manage the HCP Account assets in compliance with
federal and state laws and the Interlocal Agreement; and
WHEREAS, the City of Arlington believes it is in the best interest of the Health Care
Program to allow the Trust to manage the HCP Account;
NOW THEREFORE RESOLVED, that the Interlocal Agreement creating the Health
Care Program is hereby adopted.
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PASSED by the City COL11161 acid AIII-IR(the Ma,�oi- this
r)VED by
20' 13, 1 �Ikl day or
CITY OF ARfJNGTON
Barb Tolbert, Mayor
ATTEST:
r
KI risti Banfield, City Clek
APPROVED AS TO FORM:
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