PENSIONS

As Pension Administrator, the Chief Financial Officer and the Treasury staff administer, monitor and coordinate the activities for the City's three Defined Benefit Plans (Police, Firefighter and General Employee), one Defined Contribution Plan (401a) and the voluntary Deferred Compensation Plan (457). 

In addition, the CFO serves in the capacity as Chairman of the Pension Advisory Committee. PAC is comprised of designees from every City department, bargaining members and employee groups. The City Treasurer serves as Executive Director to both the Police and Firefighters' Pension Boards, as well as coordinating similar activities for PAC and the 457 Plan.  They are also assisted by the Deputy Executive Director and Pension Coordinator.