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1. Fund monies are contributed by the employer,
The Board of Education of The School District of Philadelphia, in accordance
with its Collective Bargaining Agreements with The Philadelphia Federation of
Teachers. These agreements require that contributions be made to the Plan on an
annual basis.
2. The Fund is governed by an eight
member Board of Trustees, six of whom are designated by The Philadelphia
Federation of Teachers and two by The Board of Education, in accordance with
its Agreement and Declaration of Trust by which the Legal Services Fund was
created.
3. Fund monies are held in a trust fund
and invested for the purpose of providing benefits to covered participants and
defraying reasonable administrative expenses.
4. The Board of Trustees’ Employer
Identification Number is: 23-2088839; Plan Number: 501; Fiscal Year End Date:
August 31st.
5. The Amended Plan of Benefits is the
official document setting forth the benefits offered by the Legal Services
Fund. The Trustees reserve the right to amend, modify or discontinue all or
part of this Plan whenever they deem it necessary. Copies of the Amended Plan
of Benefits are available upon request at the Fund office.
6. In the event that any legal matter
handled pursuant to the terms of this Plan of Benefits should result in the
award of attorney’s fees and costs by a court or any other tribunal, the Fund
will be reimbursed for any legal fees and expenses spent to represent the
participant in that matter.
7. No participant hereunder shall have
any right to assign, alienate, transfer, sell, hypothecate, mortgage, encumber,
pledge, commute, or anticipate any benefits provided herein and such benefits
shall not in any way be subject to attachment or garnishment proceedings or any
claim against any participant; such payments shall not be subject to the jurisdiction
of any bankruptcy court or insolvency proceedings by operation of law or
otherwise. Any such assignment shall be void and of no effect whatsoever, and
in any such event the Trustees shall have the right to terminate any benefits
to such participant.