The plan shall be administered by a Board of Administration
consisting of 11 members, appointed by the Town Council, at least
one of whom shall be a member of the Council and at least five of
whom shall be Town employees. Local No. 60 of the Connecticut Independent
Labor Union, Local No. 1689 American Federation of State, County and
Municipal Employees, Local No. 2001 CSEA/SEIU, Local 331 of the International
Brotherhood of Police Officers and Local 3103 of the International
Association of Fire Fighters shall all have the right to nominate
one person who shall be on the eleven-member Board of Administration,
and the Town Council shall appoint those persons nominated. Local
No. 60, Local No. 1689, Local 331, Local 2001 and Local 3103 shall
each have the right to recall its appointee and to nominate a second
person to replace the first, and the Council will make such appointment.
The term of the Board members shall be coextensive with that of the
term of the appointing Town Council.
The Board shall have such powers as are necessary for proper
administration of the plan, including but not restricted to the following:
A. To
prescribe procedures to be followed by employees in filing applications
for benefits and for furnishing evidence necessary to establish employees'
rights to such benefits.
B. To
make determinations as to the rights of any employee applying or receiving
retirement benefits and to afford a mechanism for adjusting the complaint
of any individual dissatisfied with any determination.
C. To
develop procedures for the establishment of credited service of employees
and, after affording employees an opportunity to make objection with
respect thereto, to establish such service conclusively in advance
of retirement.
D. To have periodic actuarial valuations of the plan by an actuary designated by the Board, who may be an actuary of the insurance company chosen by the Town Council pursuant to Article
V.
E. To
authorize all disbursements from the plan in accordance with the provisions
of this agreement and to establish necessary procedures therefor.
F. To
prepare and distribute, in such manner as the Board determines to
be appropriate, information explaining the plan.
G. To
delegate any of the above powers and duties in such manner as the
Board considers necessary and appropriate.
To constitute a quorum for the transaction of business, six
members shall be required to be present at any meeting of the Board.
The Town Manager of Farmington shall act as executive officer
of the plan and, subject to the approval of the Board, take in its
name such action as is necessary to administer the plan.
Neither the Board nor any of its members, nor the Town nor any
officer or official or other representative of the Town, shall be
liable because of any act or failure to act on the part of the Board
or any of its members, to any person whatsoever, except that nothing
herein shall be deemed to relieve any such individual from liability
for his own fraud or bad faith.