43:13-13 - Pension commission in cities of the first class
43:13-13. Pension commission in cities of the first class There shall be a pension commission in every city of the first class which shall consist of the following members:
a. The mayor or other chief executive of such city;
b. The chief financial officer of such city;
c. Two municipal employees of such city who shall be nominated and elected at a meeting of the municipal employees of such city held on the third Wednesday of December every second year. Their term of office shall be for two years commencing January first following their election; and
d. A citizen of such city who holds no office under such city, who shall be selected by the other four members of the commission and shall hold office for the term of one year.
In case of vacancy for any cause the commission may fill such vacancy until the next election.
The commission shall hold its annual meetings on January first in each year and elect its president, and such other officers as it deems advisable. The commission shall also at such meeting elect a secretary from or outside of the municipal employees, whose compensation the commission shall have power to fix.
The pension commission shall be known as the "municipal employees pension commission of the city of " .
All retirements shall be made and pensions allowed under this article, by this commission.