(1) In addition to any authority given to the trust, the trust has the authority to: (a) Create a program description to further define or modify, but not decrease, the benefits of this part 4; (b) Modify the contribution rates, benefit levels, including the maximum amount, consistent with subsection (1)(a) of this section, and structure of the benefits based on actuarial recommendations and with input from a committee of the trust consisting of representatives from labor, management, volunteer, and trust administration; and (c) Adopt rules and procedures for the administration of the trust.
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