(1) Making its respective contributions hereunder;

(2) Keeping accurate records with respect to its elected officials and executive employees and furnishing such data to the plan administrator;

(3) The selection of agents to operate and administer the plan and trust;

(4) The periodic review of the performance of such agents;

(5) The appointment and review of investment managers, if any; and

(6) Certifying to the trustee the names and specimen signatures of any individuals acting on behalf of the plan administrator from time to time.

(1) The investment of the trust fund to the extent and in the manner provided in the trust agreement;

(2) The custody and preservation of trust assets delivered to it;

(3) Following the investment directions given by the plan sponsor or by any investment manager appointed by the plan sponsor to the extent the directions are proper under applicable law; and

(4) For making such payments from the trust fund as the plan administrator shall direct.

(1) To construe and interpret the plan, decide all questions of eligibility and determine the amount, manner and time of payment of any benefits hereunder;

(2) To take any action appropriate to assure that the plan assets are invested for the exclusive purpose of providing benefits to participants and their beneficiaries in accordance with the plan and defraying reasonable expenses of administering the plan, subject to the requirements of any applicable law;

(3) To determine the amounts of city contributions to the plan based on appropriate information;

(4) To prescribe rules for the operation of the plan;

(5) To receive from the city and from participants such information as shall be necessary for the proper administration of the plan;

(6) To delegate to one or more persons the right to act in its behalf in all matters connected with the administration of the plan and trust;

(7) To appoint or employ for the plan any agents it deems advisable, including, but not limited to, an actuary, a qualified accountant, and qualified legal counsel;

(8) To allocate the assets of the plan available to provide benefits to participants in the event the plan should terminate (subject to the possible reversion of assets to the city after the distribution of assets to participants as set forth in section 102-295(b) (to the extent not prohibited by the Code));

(9) To report to the trustee all available information regarding the amount of benefits payable to each participant, the amount of benefits guaranteed, the computations with respect to the allocation of assets, and any other information which the trustee may require in order to terminate the plan; and

(10) To delegate to any individual any of the above powers and duties the plan administrator deems appropriate.

The plan administrator shall have no power to waive or fail to apply any requirements of eligibility for a benefit under the plan. All rules and decisions of the plan administrator shall be uniformly and consistently applied to all participants in similar circumstances.