[Amended 9-15-1980; 7-16-1984; 3-21-1988; 1-18-1994]
There is hereby established a Municipal Pension Board to consist of seven members. One member shall be a regular City employee participating in the plan set forth in Chapter 35 of the Meriden City Code, popularly elected by the employees who participate in the pension plan and subject to the approval of the City Council. The remaining six members shall be appointed by the City Council in accordance with § C3-3J of the City Charter and may be removed by the City Council and shall consist of two members of the City Council and four resident electors of the City of Meriden. The members of the City Council shall serve as members of the Municipal Pension Board, at the pleasure of the City Council, for a two-year term, as long as they are members of the City Council. The remaining members shall serve for a term of three years. Said employee member shall serve for a term of three years, provided that said employee member remains an active employee of the City. The members of the Municipal Pension Board shall continue in office for the term for which they were appointed and until their successors are duly appointed and have qualified. A member appointed to the Board to replace a member whose term has not expired shall be appointed for the unexpired term only. The Director of Finance and the Personnel Director shall be ex officio members of the Board and shall be required to attend its meetings. The Personnel Director shall act as Secretary to the Board.
[Amended 1-7-1991]
At its April meeting the Municipal Pension Board shall elect from its members a Chairperson and Vice Chairperson.
The Municipal Pension Board shall meet as often as it deems necessary pursuant to its own rules of procedure, but no less than once a month. It shall file a monthly report of its activities and a financial statement with the City Council.
The Municipal Pension Board shall have such powers and duties as are assigned to it by statute, the Charter, this chapter or other legislation of the City Council.
Except where otherwise specifically provided by statute, Charter or other legislation, a majority of the members of the Municipal Pension Board must be present to constitute a quorum, and a majority vote of the total membership of the Board is required for action. The Board may establish such rules of procedure as it deems necessary, provided that no such rule shall conflict with any other legislation.