Responsibilities of Commission:  Subject to the limitations of this Plan and of the law, the Commission shall perform the following:

(1)   Establish rules and regulations for the management of the Fund and transaction of its business.

(2)   The Police Bureau Pension Fund Commission shall make an annual report to Council as soon as practical after the first Monday of January of each year of all receipts and disbursements of the Police Bureau Pension Fund in such manner as should properly be embodied in such a report. The Commission is hereby authorized to delegate to the trustee and custodian of the Fund the right to determine investments of any moneys accumulated in the Fund provided that such investments are authorized under and pursuant to the laws of the Commonwealth for fiduciaries. Investments may be further restricted to those authorized under the Commission's rules and regulations.

(3)   Take and accept by gift, grant or bequest, money and property, real, personal and mixed, for the benefit of the Fund, in trust, to be added to the Fund, subject to such directions as the donors of such money and property may prescribe.

 (4)   Assume such other duties as shall be delegated to it by Council.

Membership:    City Manager                                                     Robert Fiscus

                                Finance Director                                               Jason Tomko

                                City Treasurer                                                    Vacant

                                                                                                                Marc Adamo – FOP President

                                Council Appointment                                     Carl Sizer             Exp 2023

                                Retired Police Officer                                     Brian Faber         Exp 2022

                                Citizen Appointed by Council                       Vacant

Meetings:  As needed