A.
The administration of the plan and the operation of
the pension fund shall be directed and supervised by the Council.
The Council shall have the power and authority, by a majority of its
members, either directly or through a designated representative, to
do all acts and to execute, acknowledge and deliver all instruments
necessary to implement and effectuate the purpose of this plan. The
employer may appoint a plan administrator which shall have the power
and duty to operate and administer the provisions of the plan and
to make and enforce such rules and regulations as may be necessary
and proper for the efficient administration of the plan.
B.
The plan administrator may appoint such subcommittees
with such powers as it shall determine; may authorize one or more
of its members to execute or deliver any instrument or do any act
on its behalf; and may employ counsel and agents and such clerical,
accounting and actuarial services as it may require in carrying out
the provisions of the plan.
A.
The plan administrator shall have full discretionary
authority to determine the eligibility of any employee to participate
in or receive benefits under this plan and, in accordance with the
plan and applicable law, to settle any disputes which may arise in
the operation of the plan to determine the interest of any participant
in the plan and to generally construe the terms of the plan.
B.
All discretionary acts which may be taken pursuant
to this plan by the plan administrator with respect to participants
or their beneficiaries shall be uniform and nondiscriminatory in their
nature and shall be applicable to all participants and their beneficiaries
in substantially identical situations.
