Board Structure
Trust Sponsors
The JFBT is jointly sponsored by the following two organizations:
- Facilities Bargaining Association of BC (FBA)
- Health Employers Association of British Columbia (HEABC)
Board Structure and Responsibilities
The JFBT is managed by a Board of appointed Trustees, with an equal number of Trustees appointed by each of HEABC and FBA.
Operations
The Board of Trustees oversees the operation of the JFBT. This includes being responsible for:
- Overseeing the Trust’s financial operations,
- Managing the Trust’s assets,
- Selecting and overseeing third-party providers,
- Communicating to the Trust sponsors, plan members and employers. and
- Conducting all other aspects of Trust management and governance.
The Board meets at least four times a year.
Committees
JFBT Trustees establish committees from time to time to consider different aspects of governance and make recommendations to the Board as a whole. Recommendations are accompanied by the information the committee considered and the Board has a full discussion of all issues before reaching a decision.
BENEFITS DESIGN REVIEW COMMITTEE
The Benefits Design Review Committee assists the Board by reviewing the Trust health and welfare benefit framework; soliciting member feedback and input; making recommendations regarding health and welfare benefit packages, options and strategies; and developing member communication plans.