About the FA Benefit Fund |
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The Faculty Association of Suffolk Community College Benefit Fund (“FA Benefit Fund”) is a legal entity separate and distinct from the Faculty Association of Suffolk Community College (“Faculty Association”) and the Guild of Administrative Officers (“Guild”) and was established as a result of collective bargaining between the County of Suffolk and the Faculty Association. Since its inception, the FA Benefit Fund has also provided benefits to eligible members of the Guild. The FA Benefit Fund provides supplemental health-related and other benefits to its members and eligible dependents. Contributions to the FA Benefit Fund are predicated on the amount stipulated in the collective bargaining agreement and other pertinent documents. The primary source of contributions to the FA Benefit Fund is the employer, Suffolk County Community College. Contributions are provided at an annual rate, prorated twice a year, on behalf of each covered active employee. In accordance with the Agreement and Declaration of Trust, the contributions are used to provide benefits for the covered members and their eligible dependents and to finance the cost of administration. The FA Benefit Fund is governed by a Board of Trustees comprised of seven members, six of whom are designated by the Faculty Association and one of whom is designated by the Guild of Administrative Officers, according to the Agreement and Declaration of Trust. The Board of Trustees employs personnel who are responsible for the daily functioning and operation of the FA Benefit Fund and a Third Party Administrator whose primary function is the processing of claims. The current members of the Board of Trustees and related personnel are listed below. Board of Trustees
Fund Administrator Third Party Administrator
Counsel
Accountants
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