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    Authority City Code Sec. 1.193
    Purpose The Board supervises and manages the general administration of the City's non-uniformed retirement system.  This involves responsibility for decisions necessary for the investment and custody of assets, selection of actuary and assumptions used and the employment of consultants.  The Board of Trustees sits in review of pension questions, approves member eligibility, authorizes expenditures of System funds, conducts due diligence visits and performs a variety of operational duties.  The Board of Trustees consists of seven (7) members of whom three (3) are "Member Trustees".  One (1) City Commissioner is an "Employer Trustee".  ​​​The other three (3) are "Citizen Trustees", who are to be experienced in financial matters and who may not be an official or employee of the City or a member, retiree​​ or beneficiary of the System.
    Appointment The three "Member Trustees" are elected by the members of the Retirement System.  The "Employer Trustee" is a City Commissioner appointed by the City Commission.  The three "Citizen Trustees" are appointed by the Mayor with City Commission approval.  All appointments are made on the first Monday in January.
    Residency requirement

    None.

    Term The term for Member and Citizen Trustees is four (4) years and not subject to the Service Limitation Policy.  The Employer Trustee is appointed annually.
    Meeting

    The Board meets in the Retirement System Offices located at 233 East Fulton, Suite 216 for regular meetings.  See the meeting schedule for specific dates and times. 

    Current Annual Meeting Schedule​

    Compensation $75.00 for Special and Subcommittee Meetings for those trustees who are not full-time employees of the City or elected officials.  All members are reimbursed for necessary expenses.
    Liaison Peggy Korzen, Executive Director, 365-5015
     
    Current members & term end
    ​Bill Butts
    1/6/2020
    ​Com. Jon O'Connor
    12/31/2017
    Michael Hawkins​
    1/7/2019
    ​Phillip Mitchell
    1/6/2020
    Martin P. Timkovich​
    1/1/2018
    David J. Tryc​
    01/06/2020
    Jane C. Hofmeyer
    1/1/2018
     

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