[Adopted as Title 2, Ch. 2.28, of the 1986 Code]
There is established in the City, subject to the provision of
Chapter 728, Acts of 1960, and further pursuant to MGL c. 32, § 20,
Subparagraphs 4(a) through (f) and 5, inclusive, a municipal board
to be known as the "Retirement Board" of the City.
There is created and established the position of Administrator
of the retirement system of the City, the retirement system of which
shall be a division of the Department of the City Auditor. The Administrator
shall be under the management, control and operation of the City Auditor,
but in no event shall the Administrator be a member of the Retirement
Board, nor shall such Administrator be compensated for services rendered
in excess of regularly scheduled hours of employment.