1984-04-04 Regular Meeting of La Porte City Council

Browse Search

e ."'. to determine the length of term to be served, Two trustees shall serve a two-year term; two trustees shall serve a four-year term; and two trustees shall serve a six-year term, Thereafter each term shall be for six years, (d) Four trustees constitute a quorum, (e) A board decision Or rec~mmendation is made by a majority vote of trustees present. The vote must be recorded in the minutes of board' meetings, (I) The trustees shall serve without compensation, Trustees may be reimbursed for travel expenses to attend board meetings, SECTION 21. DUTIES OF THE STATE BOARD OF TRUSTEES, (a) The board shall employ the certified public accountant, the actuary, and the investment advisors for the fund, (b) The board shall establish rules and regulations necessary for the administration of the fund, (c) The board shall hear appeals from the commissioner's decisions. (d) The board may authorize a cost-of-living increase for any benefit provided in the pension system. If benefits are increased, the board may require an increase in the governing body's contributions to maintain the actuarial soundness of the fund, (e) The board shall give notice and hold a hearing before authorizing a cost-of-living increase in benefits, (I) Any cost-of-living increase in benefits is effective after approval by the legislature by cO/Hent resolution, v::'::~_E_CTION 22. LOCAL BOA R D OF TR USTEES, (a) The local hoard of trustees is composed of the following: ( I ) one representative selected by the governing body; (2) five memhers of the local fire department chosen by a majority of fire fighters in qualified service; and (3) two tax-paying voters who are chosen by the other members of the board, (b) The local board shall elect a chairman from the members at the first meeting. (c) Trustees serve two-year terms. 14 . (d) On the first local board. the fire department representatives shall serve staggered terms, The fire department representatives shall draw hy lot at the first board meeting to determine the length of term to be served. Three representatives shall serve two- year terms, and two representatives shall serve one- year terms, The first appointments of the tax- paying or citizen representatives shall be one appointed for a two-year term and one appointed for a one-year term, Thereafter. all appointments are for two-year terms, (e) If a vacancy occurs on the board, it is filled for the remainder of the unexpired term by the procedure by which the position was originally fi lied, (I) A majority of board members constitute a quorum, (g) A board decision is made by majority vote of all members present. The vote must be recorded in the minutes of board meetings, (h) No member of the local board may receive compensation for service as a trustee, SECTION 23, DUTIES OF THE LOCAL BOARD OF TRUSTEES, (a) The local board of trustees shall collect all governing body contributions at least semiannually and send the contributions to the commissioner, (b) The local board shall hear and decide all claims for benefits according to the procedures in Section 7 of this Act. (c) The board shall mail a copy of a decision on a claim to the parties involved and to the commissioner, (d) The hoard shall keep complete records of all claims and proceedings. (e) The local board shall require a fire fighter who is receiving temporary disability benefits to file a disahility rating report from a physician every ,three months, The board may choose the physician. When the reports indicate a significant change of condition, the local board. after notice and a hearing. must enter an order to modify or terminate henefit payments, The order is sent to the commissioner, If the board terminates benefits. the fire fighter is presumed able to resume regular employment duties. 15