Quarterly meetings: January, April, July, and October (Special meetings as needed)
New board members are required to attend 32 hours of initial training within 18 months of joining the board. All members are required to receive 16 hours of continuing education annually. No previous experience is required. A business or other financial background would be helpful. Members serve two-year terms.
There is no compensation for being on the board. The fund pays for all required training expenses, including any travel expenses.
About the Board
The board is responsible for controlling and managing the fund. This includes directing investment activities, paying expenses, determine benefits of pensioners, conducting disability hearings, and making rules of the board.