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Trust payments.

San José Municipal Code § 3.54.220
in effect
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3.54.220 - Trust payments. A. Trust assets may be used to defray the cost of the city's obligations to pay for health and welfare benefits for retirees and their dependents entitled to health care coverage under Sections 3.36.1950 through 3.36.1995, and for reasonable expenses, fees and allocated administrative fees and expenses. The benefits amount shall be determined by Parts 14 and 15 of Chapter 3.36 and any amount necessary to pay health and welfare benefits as approved by the city council. B. Any amounts remaining in the trust fund, after all health and welfare benefits, fees and expenses have been paid, shall be retained for payment of future health and welfare benefits until all city liabilities for such benefits and expenses have been satisfied. (Ord. 29065.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT3PE_IIREPL_CH3.54PODEHECATRFU_PT3DEDITRFU_3.54.220TRPAFetched: 11/1/2026

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