Police Pension Board

Police Pension Board

Administration and responsibility for the Police Pension Plan is vested with the Board of Trustees (“the Board”). The Board has a fiduciary responsibility to the plan and its participants and, as such, must exercise prudent judgment in its oversight and administration of the pension fund. Florida Statutes Chapter 185 requires the Board be comprised of five trustees serving concurrent two-year terms. The Board is made up of two town residents appointed by the Town Council, two police officers elected by a majority of the actively employed plan participants and fifth member is chosen by a majority of the other four members and ministerially appointed by the Town Council. By majority vote, trustees elect from among themselves a chairman and secretary. The Board shall meet at least quarterly. 

Public Notices and Agendas of all Town Council and Advisory Board meetings are posted on the bulletin board at Town Hall and on the town's website under Agendas and Minutes.