§ 70-131. Appointment and terms.

(a)

There is created a board of trustees in whom is vested the general administration, management and responsibility for the proper operation of the retirement system and for making effective this article. The board of trustees shall consist of seven trustees appointed and elected in the following manner:

(1)

One trustee shall be appointed by the mayor. This trustee shall be an elector of the city.

(2)

One trustee shall be appointed by the city council. This trustee shall be an elector of the city.

(3)

Four trustees shall be appointed, one from each group; management, AFSCME Local, IAFF Local, and PBA. The appointee must be an active member of the retirement system or of the deferred retirement option program (DROP). Term of office for each trustee so elected shall be for a two-year period, and the trustee shall be voted into office and elected as determined by each group.

(4)

The seventh trustee shall be elected from the membership by majority vote by the trustees appointed pursuant to subsections (a)(1) through (3) of this section as soon as practicable after their appointment. This appointee shall be an elector of the city. The trustee so appointed shall serve for two years.

(5)

All appointments shall be made on the second Tuesday in December, and the appointed trustees shall take office on the following January 1.

(6)

The even members of the board shall serve for a period of two years.

(b)

Each trustee shall, immediately after the trustee's appointment or election, take an oath of office to be administered by the city clerk or notary public.

(Ord. No. 874, §§ 3, 4, 6-28-1955; Code 1960, § 24-19; Ord. No. 91-08, § 1, 1-22-1991; Ord. No. 95-28, § 1, 4-11-1995; Ord. No. 2009-44, § 1, 6-9-2009)