TY 2012 Form 990 Schedule O

efile Public Visual Render ObjectId: 201421339349303112 - Submission: 2014-05-13 TIN: 80-6049077

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.

OMB No. 1545-0047

2012

Open to Public
Inspection

Name of the organization

PORAC RETIREE MEDICAL TRUST

Employer identification number

80-6049077

Identifier	Return Reference	Explanation
	FORM 990, PART VI, SECTION A, LINE 3	THE TRUST'S MANAGEMENT DUTIES, INCLUDING ACCOUNTING FUNCTIONS AND PAYMENTS OF BENEFITS TO IT'S MEMBERS, ARE PROVIDED BY A THIRD PARTY ADMINISTRATOR.
	FORM 990, PART VI, SECTION A, LINE 7A	THERE ARE FIVE TRUSTEES, FOUR OF WHOM ARE ELECTED BY THE MEMBERS OF THE PEACE OFFICERS RESEARCH ASSOCIATION OF CALIFORNIA ("PORAC"), AND ONE OF WHOM IS APPOINTED BY THE PRESIDENT OF PORAC. IN THE EVENT OF EARLY TERMINATION OF APPOINTMENT, RESIGNATION, OR DEATH OF A TRUSTEE, THE BOARD OF PORAC SHALL APPOINT A SUCCESSOR TRUSTEE FOR THE REMAINDER OF THAT TERM. THE APPOINTMENT OF A TRUSTEE MAY BE TERMINATED, AT ANY TIME, BY THE ENTITY WHICH ORIGINALLY MADE THE APPOINTMENT, ACCORDING TO SUCH ENTITY'S INTERNAL RULES, PROCEDURES, OR PRACTICES.
	FORM 990, PART VI, SECTION B, LINE 11	PRIOR TO FILING, THE FORM 990 IS PROVIDED TO THE ADMINISTRATOR, THE ATTORNEY, AND THE BOARD OF TRUSTEES FOR REVIEW, WITH GUIDANCE FROM THE AUDITOR.
	FORM 990, PART VI, SECTION B, LINE 12C	THE TRUST AND THE BOARD OF TRUSTEES MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING THE TRUSTEES TO COMPLETE AND SIGN A DISCLOSURE FORM AND UPDATE THE FORM ANNUALLY OR WHENEVER THE INFORMATION REGARDING POTENTIAL CONFLICTS OF INTEREST CHANGES.
	FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION COMPLIES WITH ALL REQUIREMENTS UNDER FEDERAL LAW, INCLUDING THE TAX CODE AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT. IT MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO ALL PARTICIPANTS IN ITS BENEFIT PLAN UPON REQUEST. THE GENERAL PUBLIC HAS ACCESS TO MANY OF THESE DOCUMENTS THROUGH ANNUAL GOVERNMENT FILINGS MADE BY THE TRUST.
	FORM 990, PART VII, SECTION A	THE TRUST DOES NOT REGULARLY RECEIVE INFORMATION REGARDING COMPENSATION RECEIVED BY THE TRUSTEES FROM PARTICIPATING EMPLOYERS. THE TRUSTEES RECEIVE ALL THEIR COMPENSATION SOLELY CONNECTED TO THEIR DUTIES AS POLICE OFFICERS. ALL OF THE COMPENSATION INFORMATION WAS NOT READILY OBTAINABLE. TRUSTEE WAREHAM RESIGNED IN FYE 2013 AND NO COMPENSATION INFORMATION WAS AVAILABLE FOR HIM. TRUSTEE LABNO IS UNABLE TO LOCATE HIS 2012 COMPENSATION INFORMATION. TRUSTEES REA, SANDERS, AND MEYER RECEIVE THEIR COMPENSATION FROM NON-RELATED ORGANIZATIONS. ALSO, NONE OF THE TRUSTEES KNOW THE AMOUNT OF BENEFITS OR DEFERRED COMPENSATION PAID ON THEIR BEHALF IN 2012.
AUDIT COMMITTEE	FORM 990, PART XII, LINE 2C:	THE TRUST DOES NOT HAVE A SEPARATE AUDIT COMMITTEE. HOWEVER, THE BOARD OF TRUSTEES HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT ACCOUNTANTS.
WRITTEN CONFLICT OF INTEREST	FORM 990, PART VI, SECTION B, LINE 12A	THE BOARD OF TRUSTEES ARE FIDUCIARIES WHO ARE OBLIGATED TO COMPLY WITH THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA), MANDATORY AND DETAILED STATUTORY, REGULATORY, AND FEDERAL COMMON LAW ADDRESSING THEIR DUTY AS FIDUCIARIES TO IDENTIFY, AVOID AND DISCLOSE CONFLICTS OF INTEREST, AS WELL AS PROHIBITED TRANSACTIONS. AS REQUIRED UNDER ERISA, THE TRUSTEES EVALUATE AND MONITOR POTENTIAL CONFLICTS IN THEIR RETENTION OF AND DEALINGS WITH SERVICE PROVIDERS AND OTHER PARTIES IN INTEREST AND AS OTHER CIRCUMSTANCES WARRANT. TRUSTEES ARE EXPECTED TO RECUSE THEMSELVES FROM DELIBERATIONS WHEN AN UNAVOIDABLE CONFLICT EXISTS.
COMPENSATION OF OFFICERS	FORM 990, PART VI, SECTION B, LINE 15B	THE ORGANIZATION, WHICH IS AN ERISA EMPLOYEE BENEFIT FUND, IS GOVERNED BY AN UNCOMPENSATED BOARD OF TRUSTEES AND HAS NO OFFICERS OR EMPLOYEES. THE DAY TO DAY MANAGEMENT, ADMINISTRATION AND OPERATION OF THIS FUND IS PROVIDED BY A THIRD PARTY ADMINISTRATOR.

Identifier

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 3

THE TRUST'S MANAGEMENT DUTIES, INCLUDING ACCOUNTING FUNCTIONS AND PAYMENTS OF BENEFITS TO IT'S MEMBERS, ARE PROVIDED BY A THIRD PARTY ADMINISTRATOR.

FORM 990, PART VI, SECTION A, LINE 7A

THERE ARE FIVE TRUSTEES, FOUR OF WHOM ARE ELECTED BY THE MEMBERS OF THE PEACE OFFICERS RESEARCH ASSOCIATION OF CALIFORNIA ("PORAC"), AND ONE OF WHOM IS APPOINTED BY THE PRESIDENT OF PORAC. IN THE EVENT OF EARLY TERMINATION OF APPOINTMENT, RESIGNATION, OR DEATH OF A TRUSTEE, THE BOARD OF PORAC SHALL APPOINT A SUCCESSOR TRUSTEE FOR THE REMAINDER OF THAT TERM. THE APPOINTMENT OF A TRUSTEE MAY BE TERMINATED, AT ANY TIME, BY THE ENTITY WHICH ORIGINALLY MADE THE APPOINTMENT, ACCORDING TO SUCH ENTITY'S INTERNAL RULES, PROCEDURES, OR PRACTICES.

FORM 990, PART VI, SECTION B, LINE 11

PRIOR TO FILING, THE FORM 990 IS PROVIDED TO THE ADMINISTRATOR, THE ATTORNEY, AND THE BOARD OF TRUSTEES FOR REVIEW, WITH GUIDANCE FROM THE AUDITOR.

FORM 990, PART VI, SECTION B, LINE 12C

THE TRUST AND THE BOARD OF TRUSTEES MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING THE TRUSTEES TO COMPLETE AND SIGN A DISCLOSURE FORM AND UPDATE THE FORM ANNUALLY OR WHENEVER THE INFORMATION REGARDING POTENTIAL CONFLICTS OF INTEREST CHANGES.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION COMPLIES WITH ALL REQUIREMENTS UNDER FEDERAL LAW, INCLUDING THE TAX CODE AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT. IT MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO ALL PARTICIPANTS IN ITS BENEFIT PLAN UPON REQUEST. THE GENERAL PUBLIC HAS ACCESS TO MANY OF THESE DOCUMENTS THROUGH ANNUAL GOVERNMENT FILINGS MADE BY THE TRUST.

FORM 990, PART VII, SECTION A

THE TRUST DOES NOT REGULARLY RECEIVE INFORMATION REGARDING COMPENSATION RECEIVED BY THE TRUSTEES FROM PARTICIPATING EMPLOYERS. THE TRUSTEES RECEIVE ALL THEIR COMPENSATION SOLELY CONNECTED TO THEIR DUTIES AS POLICE OFFICERS. ALL OF THE COMPENSATION INFORMATION WAS NOT READILY OBTAINABLE. TRUSTEE WAREHAM RESIGNED IN FYE 2013 AND NO COMPENSATION INFORMATION WAS AVAILABLE FOR HIM. TRUSTEE LABNO IS UNABLE TO LOCATE HIS 2012 COMPENSATION INFORMATION. TRUSTEES REA, SANDERS, AND MEYER RECEIVE THEIR COMPENSATION FROM NON-RELATED ORGANIZATIONS. ALSO, NONE OF THE TRUSTEES KNOW THE AMOUNT OF BENEFITS OR DEFERRED COMPENSATION PAID ON THEIR BEHALF IN 2012.

AUDIT COMMITTEE

FORM 990, PART XII, LINE 2C:

THE TRUST DOES NOT HAVE A SEPARATE AUDIT COMMITTEE. HOWEVER, THE BOARD OF TRUSTEES HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT ACCOUNTANTS.

WRITTEN CONFLICT OF INTEREST

FORM 990, PART VI, SECTION B, LINE 12A

THE BOARD OF TRUSTEES ARE FIDUCIARIES WHO ARE OBLIGATED TO COMPLY WITH THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA), MANDATORY AND DETAILED STATUTORY, REGULATORY, AND FEDERAL COMMON LAW ADDRESSING THEIR DUTY AS FIDUCIARIES TO IDENTIFY, AVOID AND DISCLOSE CONFLICTS OF INTEREST, AS WELL AS PROHIBITED TRANSACTIONS. AS REQUIRED UNDER ERISA, THE TRUSTEES EVALUATE AND MONITOR POTENTIAL CONFLICTS IN THEIR RETENTION OF AND DEALINGS WITH SERVICE PROVIDERS AND OTHER PARTIES IN INTEREST AND AS OTHER CIRCUMSTANCES WARRANT. TRUSTEES ARE EXPECTED TO RECUSE THEMSELVES FROM DELIBERATIONS WHEN AN UNAVOIDABLE CONFLICT EXISTS.

COMPENSATION OF OFFICERS

FORM 990, PART VI, SECTION B, LINE 15B

THE ORGANIZATION, WHICH IS AN ERISA EMPLOYEE BENEFIT FUND, IS GOVERNED BY AN UNCOMPENSATED BOARD OF TRUSTEES AND HAS NO OFFICERS OR EMPLOYEES. THE DAY TO DAY MANAGEMENT, ADMINISTRATION AND OPERATION OF THIS FUND IS PROVIDED BY A THIRD PARTY ADMINISTRATOR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2012

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