The Trust was created in 1987. It was originally kept in a shoebox in a members garage. The Trust now employs 35 staffers and provides health, welfare and death benefits to over 40,000 active and retired CCPOA members.
The purpose of this Trust is to provide health, welfare and death benefits, including but not limited to self-insured plans and contracted insurance plans, either from principal, consisting of but not limited to premium, payroll deductions, or income, or both for the members and retirees of CCPOA, CCPOA employees and Trust employees, and their families, dependents and other beneficiaries pursuant to a Plan (or Plans) adopted hereunder. The Trust will also participate in providing members and retirees of the CCPOA, CCPOA employees and Trust employees with other elective, supplemental benefit plans available through insurance companies which may or may not be serviced by the CCPOA Benefit Trust Fund, but which are administered by the insurance company itself.
THE AGREEMENT and DECLARATION of TRUST for the CCPOA Benefit Fund, originally entered into January 1, 1972, and the Agreement and Declaration of Trust for the CCPOA Dental Trust originally entered into August 1, 1975, by and between the Board of Directors of the California Correctional Peace Officers Association (hereinafter referred to as “CCPOA”) and the Trustees of the Benefit Trust and Dental Trust (hereinafter referred to as “Trustees”) is restated in its entirety effective April 12, 1987.
The purpose of this Agreement and Declaration of Trust is to provide for the establishment of a CCPOA Benefit Trust Fund which will supersede and replace the existing Benefit Trust and Dental Trust. This new CCPOA Benefit Trust will incorporate the Benefit Trust and Dental Trust, both of which will be maintained in accordance with the terms of the Employee retirement Income Security Act of 1974 (“ERISA”) as amended, and other applicable law. CCPOA is the sponsoring organization of the new Trust. The new CCPOA Benefit Trust may, from time to time, administer other non-ERISA plans.