[Adopted by the Legislative Council 11-1-2017]
[Adopted by the Legislative Council 1-19-2011]
This article shall be known and may be cited as the "Self-Funded
Health Insurance Fund and Committee Ordinance."
The Town of Newtown, hereinafter referred to as the "Town,"
by this article, authorizes the creation of the Self-Funded Health
Insurance Fund, hereinafter referred to as the "fund," whose purpose
is described below; and also authorizes the creation of the Self-Funded
Health Insurance Fund Committee, hereinafter referred to as the "Committee,"
whose responsibilities are described below.
The purpose of this fund is to hold funds to pay claims made
by municipal and school district employees of the Town as required
in fulfilling employee health insurance obligations of the Town of
Newtown, and other such liabilities relating to those claims and obligations.
For the purposes of this article, it is the intention of the
Town of Newtown to have the Board of Selectman and Board of Education
work collaboratively as "partner" or "partners" in connection with
the fund and the benefits paid by the fund pursuant to the above section.