Police Officers' & Firefighters' Retirement Fund System
Memo to Council Regarding Pension Tax Proposal
The Police Officers' and Firefighters' Retirement System Board of Trustees sent a memo to City Council opposing a Presiding Greene County Commissioner's proposal to extend the 3/4-cent Police and Firefighters Pension Fund Sales Tax beyond the promised sunset to create revenue for the County.
The Police Officers' and Firefighters' Retirement System Board of Trustees has exclusive management and control of the retirement fund. The Board makes policy recommendations to City Council and ensures the day-to-day operations of the plan are carried out. Some of the specific duties includes determining asset allocation, selecting fund managers, overseeing the normal service and disability process, and approving all expenditures of the fund.
View the Plan's Provisions. (See: Chapter 2 - Administration; Article VI - Finances; Division 4 - Policemen's and Firemen's Pension Plan)