§ 39.355  ADMINISTRATION.
   (a)   There is hereby created a retirement board whose duties shall be to administer, manage and operate the Firefighter's Pension Fund and to construe and carry into effect the provisions of this subchapter, subject to those powers as are retained by the council.
   (b)   The pension fund is established as a qualified defined benefit plan known as the "city of Sioux Falls Firefighters' Pension Fund" as amended from time to time, pursuant to §§ 401(a) and 414(d) of the Internal Revenue Code and such other provision of the Internal Revenue Code as applicable and applicable Treasury Regulations and other guidance.
(1957 Rev. Ords., § 2.1103; 1992 Code, § 35-125)  (Ord. 36-95, passed 3-6-1995; Ord. 118-16, passed 12-20-2016)