Chapter 2.68
BOARD OF TRUSTEES OF FIREMEN’S PENSION FUND

Sections:

2.68.005    Creation of fund.

2.68.010    Membership of board.

2.68.012    Officers of board.

2.68.015    Election of members.

2.68.017    Rules and regulations to be adopted.

2.68.020    Duties.

2.68.030    Deposit of funds.

2.68.040    Duties of village president and village board of trustees.

2.68.005 Creation of fund.

Pursuant to statute there is created a firemen’s pension fund in and for the village.

2.68.010 Membership of board.

There shall be a board of trustees of the firemen’s pension fund which shall consist of two persons appointed by the village president, two persons who shall be chosen from the active firemen of the village, and one person who shall be chosen from the retired firemen as provided by the Illinois Compiled Statutes. The members of the board selected from the active and retired firemen shall be elected at the time and in the manner provided by RMC 2.68.015. (Ord. 2006-20 § 1, 2006)

2.68.012 Officers of board.

The board shall elect from its number a president and a secretary.

2.68.015 Election of members.

A. The active members of the fire department of the village shall hold an election of two members of the board of trustees of the firemen’s pension fund and thereafter election of the two members of the board of trustees shall be each third year on the third Monday in April of the applicable years. In the same manner retired members of the fire department of the village shall hold an election as soon as need be of one member of the board of trustees of the firemen’s pension fund and shall thereafter hold an election each third year on the third Monday in April in each of the applicable years.

B. The elections shall be held at such places in the village and under such rules and regulations as shall be prescribed by the board of trustees of the firemen’s pension fund. At each of the elections for members of the board of trustees to be chosen from the active firemen, all active firemen and none others may vote and in the elections for members of the board to be chosen from the firemen who have been duly retired, the firemen who have been so retired and none others may vote. Each member of the board of trustees so elected shall hold his position for a term of three years and until his successor shall have been duly elected and qualified. No person entitled to vote under the provisions of this section shall cast more than one vote at the election for each candidate for trustee for whom he shall be eligible to vote. (Ord. 2006-20 § 2, 2006)

2.68.017 Rules and regulations to be adopted.

The board of trustees of the firemen’s pension fund shall make all needful rules and regulations for its government in the discharge of its duties and shall hear and decide all applications for relief or pensions under the Firemen’s Pension Fund Act as found in the Illinois Compiled Statutes. These rules and regulations shall provide for the conduct of the election of officers of the board of trustees of the firemen’s pension fund, for the keeping of records by the treasurer of said fund showing receipts and disbursements of all moneys, for the keeping of minutes of meetings of the board by the secretary thereof, for the filing of applications for relief or pensions under statute and of the action taken by the board thereon and for all other matters required of the board and its officers under the provisions of statute.

2.68.020 Duties.

The board of trustees of the firemen’s pension fund shall have control of the management of all funds belonging to or designated by law as part of the firemen’s pension fund and of the administration of such funds, as provided by the Illinois Compiled Statutes. (Ord. 2006-20 § 3, 2006)

2.68.030 Deposit of funds.

There shall be deposited in the firemen’s pension fund the sums required by statute.

2.68.040 Duties of village president and village board of trustees.

The village president and board of trustees shall perform all duties imposed upon them by the provisions of the Act referred to in RMC 2.68.017, including the levying of a tax as provided, to be paid into the pension fund.