ACT 345 Retirement System
"An ACT to provide for the establishment, maintenance and administration of a system of pensions and retirements for the benefit of the personnel of fire and/or police departments, employed by cities, villages or municipalities having full-paid members in such departments, and for the widows and children of such members, and to provide for the creation of a board of trustees to manage and operate same; to authorize appropriations and deductions from salaries; and to repeal all acts and parts of acts inconsistent therewith." -Retirement under Act 345 approved after City electorate voted in favor in November 1970.
Fire Department and Police Department Appointees are 4-year terms and expire 6/30. The Act, however, does not specify length of term of the City Manager appointments.
Board consists of 5 members:
- The Treasurer of the City
- An active member of the Fire Department - elected by a majority vote of Fire Department members.
- An active member of the Police Department - elected by a majority vote of Police Department members.
- Two additional members appointed by legislative body or by another person authorized to appoint administrative officials.