[§87D-5]  Filing and furnishing ofinformation requirements.  (a)  Once established, the trust shall complywith all the form and report filing requirements imposed on the trust by theInternal Revenue Service and Title 29 United States Code sections 1001-1191, asamended, and [related] regulations.

(b)  Within two hundred ten days of the closingof each plan year, the trust shall provide an annual report for each employeewelfare benefit plan covered by this chapter to the department of accountingand general services and the respective departments of the counties as theirinterests may appear.  The annual reports shall be government records open topublic inspection. 

(c)  The trust shall provide summary plandescriptions to each participant and beneficiary of each employee welfarebenefit plan covered by this chapter within ninety days of a participantbecoming enrolled in a plan or within ninety days of a beneficiary firstreceiving benefits under a plan.  No less than every fifth year after a plan isestablished, the trust shall provide updated summary plan descriptions to eachparticipant and beneficiary.  If a material modification or amendment is madeto a plan, the trust shall provide a summary description of such modificationor amendment to each participant or beneficiary within two hundred ten daysafter the plan year in which the modification or amendment is made.

(d)  Upon request of any participant orbeneficiary, the trust shall provide such person with the latest updatedsummary plan description, the latest annual report, the applicable collectivebargaining agreement, the trust agreement, and any other instruments underwhich the trust and plan were established or are operated.

(e)  The trust shall file a copy of alldocuments referenced in subsections (a) and (c) with the department of humanresources development and the respective departments of the counties as theirinterests may appear. [L 2005, c 245, pt of §2]