|
|
BOARDS AND COMMISSIONS INFORMATION FORM
| Name of Board/Commission |
Police Officers' Retirement Commission |
Date 8/18/11 |
| Authority for Creation |
The authority for establishing this Commission is Article III of Chapter 128 of the General Statutes of North Carolina, as amended to apply to the City. The Commission was created by Section 15-33 of the City Code. |
| Purpose/Function |
The Commission has the responsibility to see that the plan is administered in accordance with its terms and in conformity with the state plan to the extent practicable. This includes duty to approve all requests for retirement from its membership. Establish rules and regulations for administration of the plan, develop a Fiscal Year Annual Report for City Council indicating financial condition of the plan, keep members of the plan advised of amendments and changes. |
| Method of Appointment |
Three members are appointed by the City Council upon the recommendation of the Mayor. These members are as follows: one representative from the Finance Committee; one representative who is retired under the plan; and one representative who is a citizen of the city, but not officially connected with the governing body of any municipality or entitled to participate in the plan. For specific information on non-appointees, see Section 15-33. |
| Number of Members |
Four voting members; two alternates; two non-voting members |
| Terms of Office |
See Special Notes |
| Meeting Date and Time |
Third Wednesday of February, May, August, November - 8:00 a.m. |
Chief Staff Person
Denise C. Bell |
Title
Chief Financial Officer |
Telephone Number
(336) 747-6900 |
| Current Membership - Police Officers’ Retirement Commission |
| Name |
Race/Gender |
Term |
Expiration |
| City Council Appointments |
|
Robert C. Clark
City Council Finance Committee Representative |
WM |
N/A |
N/A |
| Brenda Diggs |
BF |
1 |
05/13 |
| Michael McCoy (Retired Member) |
BM |
2 |
04/12 |
| Elected by Membership of the Plan |
|
|
| Robert G. Cozart (Member) |
WM |
1 |
04/12 |
| Christopher A. Lowder (Alternate) |
WM |
1 |
04/12 |
| Douglas A. Nance (Member) |
WM |
1 |
04/14 |
| Jeffrey T. Watson (Alternate) |
WM |
1 |
04/14 |
| Administrator to Commission – Non - voting |
|
|
| Denise C. Bell |
WF |
N/A |
N/A |
| Ex-Officio Member – Non-voting |
|
|
|
| Carmen Caruth |
BF |
N/A |
N/A |
| Actuary |
|
|
|
| Aon Consulting, Inc. |
|
|
|
| Trustee |
|
|
|
| US Bank |
|
|
|
Special Notes:
The terms of office for members appointed by the City Council are as follows:
- The representative from the membership of the Finance Committee serves at the pleasure of the City Council.
- The representative who is retired from the plan serves for a three-year term.
- The citizen representative serves for a two-year term.
- Two representatives and two alternates representatives elected by the members of the plan from their number serve four-year terms, and a citizen representative services two-year term as chairperson.
1* = Serving more than 50% of an unexpired term (more than one year & seven months of the term has been served).
0* = Serving less than 50% of an unexpired term (less than one year & six months of the term has been served).
5/10
|