(a) There shall be a Pension Oversight Commission which shall perform the functions set forth in this Article as a commission that is independent of both the legislative and executive branches of the County government.
(b) (1) The Pension Oversight Commission shall consist of nine members appointed by the County Executive and confirmed by resolution of the County Council.
(2) Five of the members of the Pension Oversight Commission shall be residents of the County who:
(i) are knowledgeable about pension administration and funding;
(ii) do not hold an elective or appointed office with the County or the State; and
(iii) are not participants in any retirement plan that the Commission oversees.
(3) Four of the members shall be members of the classified service as defined in Section 803 of this Charter and shall be selected from a list of names nominated by secret ballot by the members of the classified service in the manner required by ordinance of the County Council. Of the four members:
(i) one shall be a uniformed police officer;
(ii) one shall be a professional fire fighter;
(iii) one shall be a member of a class represented by the employee organization that represents the majority of classified employees other than uniformed police officers and professional fire fighters; and
(iv) one shall be a member of the classified service other than the police department and fire department, who is in a class excluded from representation by the employee organization referred to in item (iii).
(c) (1) The term of a member shall be four years and the terms of the members shall be staggered as provided by the terms of the initial members of the commission.
(2) At the end of a term, a member shall continue to serve until a successor is appointed and qualifies.
(3) A member who is appointed after a term has begun shall serve only for the rest of the term and until a successor is appointed and qualified.
(4) A person may not serve for more than two terms as a member of the Pension Oversight Commission.
(d) On the recommendation of the County Executive, the County Council, on the affirmative vote of at least five of its members, may remove a member of the Pension Oversight Commission for cause.
(e) From among its members, the Pension Oversight Commission annually shall elect a chair.
(f) (1) Unless otherwise authorized by ordinance, a member of the Pension Oversight Commission may not receive compensation.
(2) A member of the Commission is entitled to reimbursement of expenses, as provided in the budget.
(Bill No. 83-82; Res. No. 64-86; Res. No. 30-22)