Police Pension Board

Powers and Duties

  • To control and exclusively manage the Police Pension Fund investments.
  • The Board shall invest monies in accordance with the provisions of the adopted investment policy. 
  • The Board shall instruct the Treasurer in writing to draw and invest said Funds in accordance with the instructions of the Board.
  • In general it is the policy of the Board to obtain competitive rates of return for the Fund.

Membership

  • Membership of the Police Pension Board consists of five (5) members.
  • Two members are appointed by the Mayor and subject to approval  of the City Council.
  • Two members are elected by active members of the Police Pension Fund.
  • The final member is elected by the retirees of the Police Pension Fund.

 Meeting Schedule

  • The Police Pension Board meets quarterly in January, April, July and October