Utah Code Title 53. Public Safety Code § 53-17-402. Local Public Safety and Firefighter Surviving Spouse Trust Fund Board of Trustees--Quorum--Duties--Establish rates

(1)(a) There is created the Local Public Safety and Firefighter Surviving Spouse Trust Fund Board of Trustees composed of four members:

(b) The commissioner of public safety, or the commissioner's designee, is chair of the board.

(c) Three members of the board are a quorum.

(d) A member may not receive compensation or benefits for the member's service, but may receive per diem and travel expenses in accordance with:

(a) establish rates to charge each employer based on the number of public safety service employees and firefighter service employees who are eligible for the health coverage under this chapter;

(b) act as trustee of the trust fund and exercise the state's fiduciary responsibilities;

(c) meet at least once per year;

(d) review and approve all policies, projections, rules, criteria, procedures, forms, standards, performance goals, and actuarial reports;

(e) review and approve the budget for the trust fund;

(f) review financial records of the trust fund, including trust fund receipts, expenditures, and investments;

(g) commission and obtain financial or actuarial studies of the liabilities for the trust fund;

(h) calculate and approve administrative expenses of the trust fund; and

(i) do any other things necessary to perform the fiduciary obligations under the trust.