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1987 015 Resolution
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1987 015 Resolution
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Last modified
11/19/2018 3:55:00 PM
Creation date
8/8/2018 9:05:20 AM
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Legislation-Meeting Minutes
Document Type
Resolution
Number
015
Date
3/2/1987
Year
1987
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__; > <br />3 <br />(2) Determine whether Participating Employees are disabled as <br />that term is defined in Paragraph 1.01 (12) of the Plan <br />Agreement. <br />(3) Determine whether Participating Employees or Continuing <br />Members have sustained a Financial Hardship as defined in <br />Paragraph 6.b1 of the Plan Agreement. <br />(4) Assess service charges against Participating Employees' <br />accounts as provided for in Paragraph 3.02 of the Plan <br />Agreement. <br />(5) Distribute and pay Plan benefits in accordance with Articles <br />IV and V of the Plan Agreement. <br />(6) Amend or terminate the Plan Agreement as provided for in <br />Paragraph 8.01 of the Plan Agreement. <br />(7) Process all enrollment forms, amendment/termination forms, <br />beneficiary forms, and other documents required in the <br />administration of the Plan. <br />In Addition to the acts set .forth in this Paragraph (2) which the Board <br />is specifically authorized and required to perform on behalf of the Employer, <br />the Board is further empowered and required to perform any and all other <br />acts incidental to the administration of the Plan, it being the intention <br />of this Paragraph (2) to confer upon the Board the authority to perform all <br />acts, in the name of the Employer, which the Employer is permitted or <br />obligated under the Plan Agreement to perform, without regard to whether <br />such act is mandatory or discretionary. The only functions which the Employer <br />is required to perform in the administration of the Plan are those functions <br />which are specifically enumerated in the Procedures attached hereto as <br />Exhibit B. <br />(3) RULING REQUESTS - Employer shall execute an appropriate power of <br />attorney form authorizing the Board to request and obtain a ruling from <br />the Internal Revenue Service with respect to the taxability of all amounts <br />deferred under the Plan if such rulings are available and if the Board <br />desires to obtain such a ruling. <br />
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