The purpose of the Board is to administer and manage the Pension Plan and serve as Trustees of the Plan.
The Board consists of nine (9) persons as follows:
- Four (4) legal residents of the City appointed by the City Commission, one (1) of whom shall be a member of the City Commission, as selected by the City Commission.
- Two (2) active Firefighters or Firefighters who are in the DROP, elected by a majority of the Firefighters who are members of the system.
- Two (2) active Police Officers or Police Officers who are in the DROP, elected by a majority of the Police Officers who are members of the system or a retired member when active Police Officer membership falls below ten (10), elected by a majority of the Police Officers, active or retired, who are members of the system.
- A ninth person chosen by a majority of the previous eight (8) members of the Board of Trustees. The name of the ninth person shall be submitted to the City Commission which shall, as a ministerial duty, appoint the person to the Board.