1st Thursday in the months of March, June, September and December
Overview
The Panama City Police Pension Fund Board is a 5 member board. The City Commission appoints 2 board members; the Panama City Police Department elects 2 board members; and the board appoints the 5th member. Board members serve 2 year terms.
The Police Pension Fund Board is responsible for the investment and reinvestment of the assets of the fund, for determining all claims for retirement benefits, for exercising the sole and exclusive administration of and the proper operation of the plan. The trustees of the board perform such actuarial and accounting functions as are required by law and fulfill all other such duties as may be required by law.
The board meets in regularly scheduled quarterly sessions on the 1st Thursday in the months of March, June, September and December during the year at 4 p.m. The board may meet as otherwise necessary. The City Clerk's Office is responsible for preparation of an agenda and the administration of the Fund. For information concerning the Panama City Police Pension Fund Board, please call the City Clerk's Office, at 850-872-3021.