Approval of Ordinance No. 09-2019/First reading: Amending Chapter 2, Administration, Article VIII, Firefighters’ Retirement Plan of the Code by amending: Section 2-281, Board Designated as Administrator, Composition, extending the terms of office for the Board of Trustees from two to four years; Section 2-308, Investment Powers of the Board, modifying the investment policy to allow the board to invest up to twenty-five percent of plan assets in foreign securities. (Administrative Services Director)

Committee

City Council

Introduced

May 8, 2019

On agenda

June 26, 2019