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HomeMy WebLinkAboutXXXX-XX-XX FPB Synopsis and BylawsThe F iref i hters' Pension Board has the responsibility fo the general supervision, management and control of the "Old Hire Pension Fund". Source of Authority: Created by Colorado State Statute. The Board structure is defined by the parr document Appointed y City Council appoints one member; members of the Fire Department participating in the Plan elect three members, The Mayor and the Director of Finance/Administrative Services serveas voting e-offieio members, per State Statute, for tenure, Membership includes: The Mayor and the [director of Finance/Administrative Services serve as voting ex-officio members, per State Statute, for texture. Retirement Administrator as RecordingSecretary The Boardconsists cfsix 6 members: the Mayor, Directorof Finance/Administrative Services, one l Council appointed resident and three t3) members who are active and/or retired Cold Hire members of the Fire Department and are elected by the active and retired Cold Hire members of the Fire Department, servingoverlappin three year terms: [ 1- 0:: 0" C .R.S., and -6 E -1999 Ordinances lea.°s 46 and 49 Bylaws: No MUNICEPAL OFECERSEMPLOYEES 3.6-1- Chapter FTREFIG'MRS'PENSION FUND AND PERMANENT DISABILITY BENEFITS* 3-6-1. FirefighterV Pension Fund and Permanent Disability Benefits. -6.1.1: Firefightea Pension Fund, 3-6-1-2. Supplemental Disability Benefits, 3-6-1-3: Retirement Benefits. 3-6«1-4: Leaving Service Prior to Eligibility. 3 1-6. Volunteer Pirefighters Pension Firefighters' Pensione .; Supplemental DisabilityBenefits. Disabilitynent Benefits. order to supplement the income of any - -1: tens' Pension Fund. firefighter, who, as a result of iqjury or illness, Commencing on January 1, 1977, _ ere shall receives an occupational or total disability o the Fire and Police Pension Association shall be deducted frome monthly salary of plan members a prior April 1973, of receive a monthly benefit paid o"Self- t e , e Englewood Fie Division a sum equal to five Insurance ," defined iTide , Chapter 3, Section 7 of this ode, as determined.s percent , of said e e 's monthly salary Section, pursuant to part 4, article 30, tie 31 . . 1973,which sum shall be deposited in the it 's . Firefighters'e ion Fund. B. y firefightery it hiredg prior to April .L7. , receiving occupational or total disability from A. The City shall make contributions annu- e Fire and Police Pension Association shall ally to theFirefighters' Pension Fund at a receive en percent of the e salary ratedetermined by actuarialplus longevity e firefighter earning when con uc at le t eve ee 3 ye e disability awarded. benefit payment e resultant u Required ion u- s e ad 'tio ne gable e tion e d o general revenues of firefighter o the statutory Pea - the City to the Firefighters' Pension lion C. Any firefighter ire on o April 3, addition to the powers obligations 197 receivingoccupational sab ity from the posed upon the Board of Trustees of the Fire and Police Pension Association shall receive Englewood Fie to ' Pension Board, ten percent 1 of the base salary plus Ion ev- y article 3, title 31,C.R.S. 1973, said ity the firefighter was earning when e disability Boardshall have all powers necessary to was awarded. The benefit payment shall be in supervise and administer the terms of addition to any benefits payable to the firefighter is Section. from the statutory e hrs! Pension C. e Pension Fund and Pension Plan shall D. Any firefighter hired on or after April e administered y the Plan document 1978 receiving a total disabilityfrom e Firean adopted y City Council resolution. City Police Pension Association shall receive twenty Council ay amend the Pension Fund percent 0 of the base salary plus longevity and Pension Plan as required y the Board the firefighter was earningwhen a disability of Trustees. (Code 1985, _ §-3-1-1, Ord. -10, § 21; Ord, was awarded, e benefit pa ent shall be in payment addition y benefits payable to the firefighter 61,1 , § 1) from the statutory e to ' Pension *Editos is note —Ord. No. 00-10, § 23, adopted March 6. 2000, renumbered chapter s, sections 3-8-1--3-8-1-5 as chapter 6, sections 3-6-1 .6.1-5. upp. No. 37 CD3.43 0-2 EN WOOD MUNICIPAL CODE3-6-1-4 E. Benefits o this Section shall be reduced K The Police and Fire Supplemental Disabil- ifa firefighter has earned any income other than ity Board shrill be required to meet only when thanprovided by a disability benefit, and if a li- application for benefits are made or as deter - cable, aWorkers' Compensation award t pro- mined by the Chairperson of the Board. vides a tot income eater t a amount (Code 1985, 3-3- -3, Ord. 3®35; . 9.1 ; Ord. equal to one hundred percent (100%) of the base -, § 6) salary provided to an active firefighter retired, the disability benefit shall be reduced by twenty- 3- .1- a Retirement Benefits. five percent (5 b) of the additional earned in- Retirement benefits and qualifications for these come: benefits shall be provided in a separate plan -All benefits from this Section shall cease if which shall be adopted by ordinance. the firefighter ceases to qualify for an occupa.- (Code 1985, § 3-8-1-3;Ord. No. 99-499; Ord. tional or total disability from the Fire and Police 00-10 Ord. No. 00-76) Pension Association. benefits from this Section shall be sus- 3- a Volunteer Firefighters Pension pended or cease if the firefighter fails to provide A. There is hereby created a special fund to be any information requested bythe Police and Fire known as the Volteer Firefighters Pension Fund Supplemental Disability Boardby the date indi- for the purpose of paying statutory benefits to cated on the request. volunteer firefighters under conditions as pro- H. All benefits from this Section shall cease on vided by Title 31, Article 3, Part 4, : .,173. the firefighter's normal retirement date. B. Benefits for all volunteer firefighters retire Police and Fire Supplemental Disability 40oand before December 31,1974, shall be expended from funds received fromthe State in the annual shall be created and composed of two elected members from the firefighter ranks c o- allotment provided in Title 31, Article 39, Part 4, sen by a majority of the Fire Department for a . . ., 1973. three (3) year term; two elected members from the C. Beginning January 1, 1975, the City police ranks chosen by a majority of the Police make contributions to the Volunteer Firefighters Department for a. three (3) year ter one citizen Pension Fund as determined necessary to a u¢ board member frome Police PensionBoard; one ally fund the pension benefit accumulations of the citizen board member from the Firefighters en- volunteers. The contribution shall be based on an sion _Board; the Financial Services Director of the actuarial study to be clone at least every three (3) City of Englewood, and the Mayor of the City of years. Pension benefits volunteers retiring af- n lewroo . Five members shall constitute a quo- ter January 1, 1975, will be paid from these rum for conducting y board business. The Po- contributions. . lice and ire Supplemental Disability oaris 9y (Ord. o. Y -4 ; Ord. 00-10; Ord. No. -7 ) granted the authority to issue regulations not Editoes note —Ord, No. -76, adopted November 0, inconsistent with the terms of this Section; de- 2000, deleted § 3-6-14, leaving se ire prior to eligibility, and signed to carryout the purpose oft s Section, renumbered 3.6-1- as -6- -4, j and to bold hearings, take evidence, receive infer- ation, and to make final and binding decisions, awards resolutions respecting the eligibility of applicants for initial and continued payment of Supplemental ens ts. J. The Police and Fire SupplementalDisabil- ity Board shall elect a chairperson fro..m its mem- bers to preside over meetings and conduct other o ard business not inconsistent with the terms of 'x this Section. Seipp. No. 37 3 44