The Police Officers and Firefighters Pension Trust Fund Pension Board recommends City Code revisions concerning pension policy matters to the City Council and meets at least once each quarter. The Board retains professional firms for legal, actuarial, custodial, investment management and consultative services.
The Board consists of:
2 City residents appointed by the City Council (preferably a banker and a certified public accountant (CPA))
2 representatives each from the Fire Department and Police Department elected by members of each department