§ 16-55. Controversies and disputes.

(a)

Submission to trustees. All questions or controversies of whatever character, arising in any manner or between any persons or entities in connection with the trust fund or the operation thereof, which are related to any claim for any benefit by any participant or any other person, shall, pursuant to rules and regulations adopted by the trustees, be submitted to the trustees, and the decision of the trustees, shall be final and binding upon all persons dealing with the trust fund or plan, or claiming benefits thereunder.

(b)

Settling disputes. The trustees may in their sole discretion compromise or settle any claim or controversy in such manner as they think best, and any decision made by the trustees in compromise or settlement of a claim or controversy, or any compromise or settlement entered into by the trustees, shall be conclusive and binding on all parties involved in this trust, provided that all such settlements are in accordance with the pension plan and applicable state law.

(Ord. No. 1222, § 1, 11-18-1999)