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.
As
Pension Administrator, the Chief Financial Officer and the Treasury staff administer, monitor and
coordinate the activities for the City's three Defined Benefit Plans
(Police, Firefighter and General Employee),
one Defined Contribution Plan (401a) and the voluntary Deferred
Compensation Plan (457).
In
addition, the CFO serves in the capacity as Chairman of the Pension Advisory
Committee. PAC is comprised of designees from every City department,
bargaining members and employee groups. The CFO is also
currently
a Mayoral appointee to both the Police and Firefighter
Pension Boards. The City Treasurer serves as Executive Director to
those two Boards, as well as coordinating similar activities for PAC and
the 457 Plan. They are also assisted by the Deputy Executive
Director and Pension Coordinator.
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