The Board of Trustees of the Comprehensive Municipal Pension Trust Fund shall consist of eleven members to be determined according to the requirements of Act 205 of 1984 (P.L. 1005). The City Manager, the Director of Finance and the Finance Accounting Assistant shall be members of the Board. Four members of the Board shall be appointed by the Council, by majority vote, from the managing boards of the City’s various pension plans. The remaining four members of the Board of Trustees shall consist of one representative of the active membership of each pension plan included in the Comprehensive Municipal Pension Trust Fund, which representative shall be elected by the active membership of each respective pension plan.
(Ord. 4667. Passed 7-13-94; Ord. 4930. Passed 2-11-04; Ord. 5136. Passed 10-23-13.)