HB0137 Treadway, Joseph L

P R E F I L E D

HB 137 -- Fire Protection Districts' Pension Programs

This bill requires that a fire protection district's pension program fund be managed by either a private management firm or a commission of 6 people. Three members of the commission will be elected as representatives by the salaried members of the fire protection district, and 3 members will be appointed by the district's board of directors as representatives of the citizens. This bill also repeals language requiring at least one voting member of the board of trustees of an employee contributory plan to be a member of the fire district elected by the contributing members.