FIREFIGHTER'S
PENSION FUND
Click
here for
an important message from the City's Chief Financial Officer
regarding the status of the City's pension plans during this period
of difficult economic times.
Administration
and responsibility for the Plan is vested with the Board of Trustees
("the Board"). F.S. Chapter 175 requires that the Board
be comprised of five trustees serving concurrent two-year terms.
Composition of the Board is as follows: two City residents appointed by
the City Council; two City firefighters elected by a majority of the
actively employed Plan participants; and one member chosen by a majority
of the four members and ministerially appointed by the City
Council. By majority vote, trustees elect from among
themselves a chairman, vice-chairman and secretary.
Three
individuals serve the Board in staff positions. These individuals
serve in this capacity primarily as a function of their normal position
with the City. Included in this group are the City Treasurer,
Treasury Manager and Pension Coordinator
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