§ 70-135. Officers; payments; actuary.  


Latest version.
  • (a)

    The board of trustees shall elect from its members a chairman and vice-chairman and shall designate a person to act as secretary of the retirement system.

    (b)

    The city treasurer shall be treasurer of the retirement system and the custodian of its funds. All payments from the funds of the retirement system shall be made only upon evidence of a motion adopted by the board authorizing such payments. All vouchers and checks shall be signed by the treasurer and a trustee designated by the board.

    (c)

    The city attorney or his designee shall be the legal advisor to the board and shall represent the board in any and all matters pertaining to this retirement system, except in such cases as the board of trustees may deem it advisable to employ other legal service.

    (d)

    The board may appoint an actuary who shall be the technical advisor to the board on matters regarding the operation of the retirement system and who shall perform such other duties as are required in connection therewith.

(Ord. No. 874, § 8, 6-28-1955; Code 1960, § 24-22; Ord. No. 91-08, § 1, 1-22-1991; Ord. No. 95-28, § 1, 4-11-1995)