250PPage 1 of 1FINANCEFund Balance and SolvencyIn order to retain a stable financial base and comply with applicable regulatory solvencyrequirements, the Trustees shall:1.
Maintain sufficient funds to meet the Trust’s liquidity needs which includes maintaining
reserves in an amount determined by the Trustees to be necessary to fund insurancepremium costs for the fully insured Trust benefits;2.
Establish reserves in an amount equal to the sum of three months of insurance
premium costs for fully insured Trust benefits;23.
If the Trust self-insures any Trust benefits, maintain an aggregate stop-loss insurance policy
with an attachment point set ...
Allowed
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