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Administration and responsibility for the 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 Trust Fund. F. S. Chapter 185
requires the Board be comprised of five trustees serving
concurrent two-year terms. Composition of the Board is as
follows: two City residents appointed by the City Council;
two Police Officers elected by a majority of the actively
employed Plan participants; and, one member chosen by a majority
of the other four members and ministerially appointed by the
City Council. By majority vote, trustees elect from among
themselves a chairman, vice-chairman and secretary.
Three
individuals serve the Board in staff positions. These individuals
serve in this capacity primarily as a function of their normal position
with the City. Included in this group are the City Treasurer, Financial Analyst and Pension Coordinator.
BOARD
MINUTES
2007
MEETINGS
Board
Meetings are scheduled for the 2nd Wednesday of the month, 9:15
a.m. , City Hall, 2nd floor, agenda conference room.
Please check the Meetings/Events Sheet in the rotunda and by the
2nd floor security desk for changes in meetings or
rooms.
NEWSLETTERS
Issue 1 (pdf)
Issue 2 (pdf)
Issue 3 (pdf)
Issue 4 (pdf)
April, 2008
LINKS
Pension Protection
Act for Retirees
How to Deduct $3000 for Insurance
Premiums on your Form 1040 per IRS
Chapter 12 Police Pension
Fund
Summary of Pension Benefits for Orlando Police Department (pdf)
Deferred Compensation Plan (457) All Employees (pdf)
Florida Statute 185
Retirement Plan Options
CAFR - Comprehensive Annual
Financial Report For the years ended 2007 and 2006
CAFR - Comprehensive Annual
Financial Report For the years ended 2006 and 2005
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