Chapter 18 PENSIONS*
Section 18-38 Same--Powers and duties.
shall oversee and establish policies for the police retirement trust, advise the
city council and the director of finance upon the administration of the fund, shall hear appeals
from the decisions of the director of finance in accordance with the provisions of this article and
such additional rules as it shall adopt.
ecords of hearings before the
and its minutes shall be kept. These records of the
proceedings of the shall be open to the public during all regular business hours; however, the
records of medical examinations of any
applicant for retirement shall be
(c) The board shall have exclusive original jurisdiction
to receive, hear and rule upon all
appeals from decisions of the administrator for benefits from the fund
under the contested case
provisions of chapter 536 RSMo.
prescribe rules and regulations, not inconsistent with state laws or this
article, to govern and control the hearing, consideration and disposition of all appeals, and other
administrative matters and proceedings before
shall advise the council in order that a high degree of care is exercised to keep
police retirement fund
safely invested in such securities as will afford the greatest return
consistent with safety of principal, but such investments shall be limited to such securities as are,
or may be eligible by the laws of the State of Missouri.
(Code 1964, § 9.1910; Ord. No. 12868, § 1, 2-4-91; Ord. No. 018160, § 1, 7-6-04)
(Ord. 018160, Amended, 07/06/2004, Prior Text)