General Employee Pension Board of Trustees

Term: No Term

Functions: To construe the provision of the System and determine all questions arising thereunder, to determine all questions relating to eligibility and membership, to determine and certify the amount of all retirement allowances or other benefits hereunder, to establish uniform rules and procedures to be followed for administrative purposes, benefit applications and all matters required to administer the System, to distribute to Members, at regular intervals, information concerning the System, to receive and process all applications for benefits, to authorize all payments whatsoever from the Fund, and to notify the disbursing agent, in writing, of approved benefit payments and other expenditures arising through operation of the System and Fund, to have performed actuarial studies and valuations, at least as often as required by law, and make recommendations regarding any and all changes in the provisions of the System, to maintain Fiduciary Liability Insurance, to perform such other duties as are required to prudently administer the System.

Membership: None

Meeting Times: Quarterly - TBA