(A) There shall be a Board of Trustees of the Fire Pension Fund. Two members of the Board shall be appointed by the Mayor. Two members of the Board shall be active participants of the pension fund who are elected from the active participants of the fund. One member of the Board shall be a person who is retired under the Firemen’s Pension Fund Act of 1919 or ILCS Ch. 40, Act. 5, who is elected from persons retired under the Firemen’s Pension Fund Act of 1919 or ILCS Ch. 40, Act 5.
(B) For the purposes of this section, a firefighter receiving a disability pension shall be considered a retired firefighter. In the event that there are no retired firefighters under the Fund or if none is willing to serve on the board, then an additional active firefighter shall be elected to the board in lieu of the retired firefighter that would otherwise be elected.
(ILCS Ch. 40, Act. 5, § 4-121) (1980 Code, § 11.401)