Whereas University Insurance Committees are mandated by the General Assembly (GS 58-31-60), and

 

Whereas numerous UNC System schools have been lax in assuring the appointment and function of University Insurance Committees, and

 

Whereas benefit options are a fundamental asset in the recruitment and retention of faculty and staff, and

 

Whereas, University Insurance Committees are responsible for the important task of vetting Supplemental Retirement Account (403b) options, and

 

Whereas University Insurance Committees are also responsible for evaluating and offering other after-tax benefits for staff and faculty.

 

Therefore Be It Resolved That the faculty Assembly encourages the
President to remind the various Chancellors of the importance of active University Insurance Committees