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Pension Boards

Each of the City’s pension plans (ERS, Fire, Police) is overseen by a Board of Trustees.  The Board is responsible for the administration and operation of the plan.  Duties of the five member Board include, but are not limited to, administering the plan as adopted by City Council, investing and monitoring the assets of the retirement system, approving the disbursement of funds, acting on all benefit claims, adopting rules necessary for the operation of the plan and preparing all required reporting.  The Board also employs professionals such as actuaries, investment consultants, investment managers and attorneys to assist with their duties.  


The 401(a) plan administration and management of assets is overseen by the three member, Deferred Compensation Investment Committee.  The Committee employs professionals such as investment consultants, attorneys and third party administrators to assist with their duties.

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