At the May GSRMA board meeting, the board voted to amend the current JPA bylaws. These changes were made in efforts of maintaining pool flexibility while also adding needed areas for accreditation compliance. An overview of the changes include:
- Confirms that the Board can make an exception to the requirement that members join for all “Basic Risk Coverage”
- Removes ability to pay board stipends and institutes a $5,000 annual payment to represented districts for professional development
- Relaxes requirement for Board rescheduling of regular meetings
- Simplifies new member underwriting and contribution calculation
- Eliminates 3-year fixed rate requirement for new members
- Eliminates 3-year membership commitment for new members
- The Board in its discretion may approve an exception to this rule for a particular applicant
Please see below for links to the redline version, showing changes, as well as the new bylaws which will take affect July 1st, 2023. If you have any question about these updates, please reach out to our Member Services Department.