Police Retirement System Board of Trustees
Details about the Police Retirement System Board of Trustees
The Board of Trustees of the Police Retirement System of the City of St. Louis shall administer the retirement system as provided in sections 86.200 to 86.366.
The Board shall consist of nine (9) members, two (2) of whom shall be appointed by the Mayor of the City of St. Louis.
|Wallace (Kent) Leopold
|Stephen (Steve) Olish
|Stephen (Jay) Schroeder
Rev. Mo. Stat. 86.213 (1993).
Board Duties and Purpose
The board of trustees has exclusive original jurisdiction in all matters relating to or affecting the funds herein provided for, including, in addition to all other matters, all claims for annuities, benefits, refunds of pensions under this law, and its action, decision or determination in any matter is reviewable under chapter 536 only, and any party to the proceedings has a right of appeal from the decision of the reviewing court.
Subject to the limitations of sections 86.200 to 86.366, the board of trustees shall, from time to time, establish rules and regulations for the administration of the retirement system created by this law, for the transaction of its business and for the limitation of the time within which claims may be filed.
The general administration and the responsibility for the proper operation of the retirement system and for making effective the provisions of sections 86.200 to 86.366 are hereby vested in a board of trustees of nine persons. The board shall be constituted as follows:
(1) The comptroller of the city, ex officio. If the comptroller is absent from any meeting of the board of trustees for any cause whatsoever, the comptroller may be represented by either the deputy comptroller or the first assistant comptroller who in such case shall have full power to act as a member of the said board of trustees;
2. Two members to be appointed by the mayor of the city to serve for a term of 2 years, except the mayor shall not appoint the police chief of the municipal police force or the city's director of public safety;
3. Three members to be elected by the members of the retirement system of the city for a term of 3-years; provided, however, that the term of office of the first three (3) members so elected shall begin immediately upon their election and one (1) such member's term shall expire 1- year from the date the retirement system becomes operative, another such member's term shall expire 2-years from the date the retirement system becomes operative and the other such member's term shall expire 3-years from the date the retirement system becomes operative; provided, further, that such members shall be members of the system and hold office only while members of the system;
4. Three members who shall be retired members of the retirement system to be elected by the retired members of the retirement system for a term of 3-years; except that, the term of office of the first two (2) members so elected shall begin immediately upon their election and one (1) such member's term shall expire 2-years from the date of election and the other such member's term shall expire 3-years from the date of election.
(2) Any member elected chairman of the board of trustees may serve without term limitations.
(3) Each commissioned elected trustee shall be granted travel time by the St. Louis metropolitan police department to attend any and all functions that have been authorized by the board of trustees of the police retirement system of St. Louis. Travel time, with compensation, for a trustee shall not exceed thirty days in any board fiscal year.
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