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JPA Board will drive the design and funding of the program
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Oversight of trust by Board comprised of representatives of government agencies
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Access to GASB 45 professionals and consultants
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Turnkey solution for services - administration, actuarial, legal, investment, trustee, accounting, possibly claims payment
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Economies of scale in both setting up the trust and investing funds
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Customized, flexible investment services
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Control and management of investment decisions
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Expanded investment capacity
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Ability to utilize the investment expertise of a Registered Investment Advisor to assist with making the initial asset allocation decision
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Ability to utilize the Registered Investment Advisor to monitor and rebalance the investment portfolio on a regular, ongoing basis
