Section 18-38 Same--Powers and duties.
Prior to the adoption of Ord. 018160 on 07/06/2004, Section 18-38 read as follows.
PRB board 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.
The administrator shall keep the books and
records of the PRF with these being audited
annually by an independent auditor as a part of the city's annual audit; provided, however, that r
Records of hearings before the PRB board and its minutes shall
be kept by its secretary. These
records of the proceedings of the PRB board shall
be open to the public during all regular
business hours; however, the records of medical examinations made of any retiree
or applicant for retirement shall not be subject to inspection by the
public closed records.
(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.
and to hear and determine all such appeals. The decision
board shall be in writing, and the board may take and preserve the evidence on any disputed
claim and such evidence, records, findings and decision of the board shall be subject to judicial
review on certiorari or other proper legal procedure with the full right of appeal from the
decision of the reviewing court on appeal, as in other civil cases.
PRB shall have the power, and they are
required, to board may 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 such the board.
PRB board shall advise
the council in order that a high degree of care is exercised to
keep the PRF 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.
(f) The PRB shall hold regular meetings at a
time to be fixed by it, and may hold such
meetings as may be required for the transaction of the business of the board.
(Code 1964, § 9.1910; Ord. No. 12868, § 1, 2-4-91)