The Board of Trustees must manage the fund, meet quarterly, and carry out several reporting, recordkeeping, and benefit-review duties.
§3436. Board of directors; duties; meetings A. The said Board of Trustees shall have exclusive control and management of said Firemen's Pension and Relief Fund and shall make all necessary and pertinent rules and regulations for the proper administration of said fund not in conflict with the provisions of this Part; shall hear and decide all applications for benefits under this Part, and its decisions on such applications shall not be subject to review or reversal except by said Board, or upon certiorari to the Courts. B. The said Board shall meet quarterly and a special meeting shall be called on forty-eight hours notice by the president at the request of any three members. C. The said Board of Trustees shall have the power and it shall be its duty to: (1) Make all rules and regulations necessary to the proper conduct of the business of the Fund under the provisions of the law. (2) Retain such legal, medical, clerical or other services as may be necessary for the conduct of the affairs of the fund, and make compensation for such services. (3) Cause such amounts as may be set forth in the law to be deducted from the salaries of the active participants in the Fund and paid into the Treasury of the Fund. (4) Certify to the levying authority provided by the law the amount of revenues required and provided for and to cause same to be collected through the proper local agency. (5) Cause the examination of every disability pensioner or beneficiary, at least once a year. (6) Keep all necessary records of its meetings and proceedings. (7) The said Board of Trustees shall annually at the close of the fiscal year cause to be posted in each station house a recapitulation of the Fund, prepared by an independent Certified Public Accountant, showing number of pensioners, amount of disbursements, revenues received and present condition and manner of investment of the said fund. (8) Keep a book to be known as the List of Retired Firemen. Such book shall give a full and complete record of the action of the said Board of Trustees in retiring or pensioning all persons under this Part showing the names, date of entering the service of said Fire Department, date of removal from active service, and the reason for such action. The Board shall be a quasi-judicial body, and its action shall be reviewable only by writ of certiorari to the Courts. Designated from Acts 1938, No. 222, §§6, 7(2) by Acts 1991, No. 74, §3, eff. June 25, 1991.