- 250P Page 1 of 1 FINANCE Fund Balance and Solvency In order to retain a stable financial base and comply with regulatory solvency requirements, the Trustees shall: 1.
- Maintain sufficient funds to meet the Trust’s liquidity needs; 2.
- Establish reserves in an amount equal to the sum of eight weeks of (i) claim costs for all benefits funded directly by the Trust, (ii) costs, and (iii) expenses; 3.
- Maintain an aggregate stop-loss insurance policy with an attachment point set at or below one hundred twenty-five percent of annual expected claim costs for all benefits funded directly by the Trust; and 4.
- In addition to establishing the reserves in item 2.
- above, establish by resolu...