- Scottsdale Unified School District
- Finance
- Self-Insurance Trust Board
Self-Insurance Trust Board
-
The Scottsdale Unified School District (SUSD) Governing Board established a revised Self-Insurance Trust (SIT) Board on May 14, 2019 pursuant to Arizona Revised Statutes (“A.R.S.”) §15-382 and §15-387. The SIT encompasses employee benefits, property/casualty and workers’ compensation insurance coverage.
How is the SIT Governed?
The SUSD Self-Insurance Trust is governed by individuals appointed by the SUSD Governing Board. There are a minimum of three members and, when an SUSD Governing Board member or employee serves as a trustee, there shall be a maximum of five members. In compliance with State law, the Scottsdale Unified School District places all self-insurance program funds in a trust fund that is administered by trustees. The Board of Trustees approves expenditures approved by the trust to various vendors for all aspects of the insurance program. These entities include, but are not limited to, Kairos Health Arizona for employee health insurance, The Alliance for workers’ compensation and the Arizona School/Risk Retention Trust for property/casualty insurance. The Trustees accept, hold, preserve, protect, invest, and make payments from the Trust Fund pursuant to the Trust Agreement and in the best interests of the Scottsdale Unified School District.
Meeting Schedule
-
April 02, 2020 Self-Insurance Trust Board Meeting
The Self Insurance Retention Trust Board will hold a Special Meeting on Thursday, April 02, 2020, at 3:00 pm, Ed Center, 7575 E. Main Street, Room Old Main, Scottsdale, AZ 85251
-
January 23, 2020 Self-Insurance Trust Board Meeting
The Self Insurance Retention Trust Board will hold a Special Meeting on Thursday, January 23, 2020, at 3:00 pm, Ed Center, 7575 E. Main Street, Room Old Main, Scottsdale, AZ 85251
-
October 19, 2019 Self-Insurance Trust Board Meeting
the Self-Insurance Retention Trust Board will hold a Special Meeting on Thursday, October 31, 2019, at 3:00 pm, Ed Center, 7575 E. Main Street, Room Old Main, Scottsdale, AZ 85251.
-
June 20, 2019 Self-Insurance Trust Board Meeting
The Self-Insurance Retention Trust Board will hold a Special Meeting on Thursday, June 20, 2019, at 3:00 pm, Ed Center, 7575 E. Main Street, Room Old Main, Scottsdale, AZ 85251.
-
April 10, 2019 Self-Insurance Trust Board Meeting
The Self-Insurance Retention Trust Board will hold a Special Meeting on Wednesday, April 10, 2019, at 1:30 p.m., 8500 E. Jackrabbit Road, Room 105, Scottsdale, AZ 85250.
04-10-2019 Self-Insurance Trust Board Meeting Agenda
-
January 31, 2019 Self-Insurance Trust Board Meeting
The Self-Insurance Retention Trust Board will hold a Special Meeting on Thursday, January 31, 2019, at 10:00 a.m., 8500 E. Jackrabbit Road, Room 105, Scottsdale, AZ 85250.
FAQs
-
What is the Arizona School Risk/Retention Trust?
The Arizona School Risk/Retention Trust is an outside organization that pools funds from multiple school districts throughout Arizona. Funds SUSD pays to the Arizona School Risk/Retention Trust are the District’s insurance payment for property/Casualty insurance. Worker’s compensation insurance is procured through the Alliance and employee benefits are procured through Kairos Health Arizona.
-
What is the Difference Between SUSD’s Self Insurance Trust and the Arizona School Risk/Retention Trust?
The SUSD Self-Insurance Trust (SIT) oversees all Scottsdale Unified insurance programs and is an entity of the Scottsdale Unified School District. The SUSD SIT purchases certain types of insurance through other pooled insurance trusts. The Arizona School Risk/Retention Trust is its own separate entity leveraged by SUSD to help reduce the risk of self-insurance.
Contact Us
-
Jill Olivas
Senior Executive Assistant
Finance Department
7575 E. Main Street
Scottsdale, AZ 85251
480-484-6147
Board Trustees
-
Sandy Kravetz, Scottsdale Unified Governing Board Member
Jeff Gadd, Trust Board Administrator and Scottsdale Unified School District Chief Financial Officer
Erika Coombs, Chairperson
Megan Burke, Trustee
Wally Graham, Trustee
