RUNOFF ELECTION – POLICE DEPARTMENT RETIRED MEMBER – BOARD OF FIRE AND POLICE PENSION COMMISSIONERS
The current term for the Police Department Retired Member of the Board of Fire and Police Pension Commissioners will end on June 30, 2019. The Office of the City Clerk, in conjunction with the Department of Fire and Police Pensions, conducted an Election on Tuesday, April 23, 2019, to fill that position. As no candidate received a majority of the votes cast, the Office of the City Clerk, in accordance with Section 23.103.9(b) of the Los Angeles Administrative Code, and in conjunction with the Department of Fire and Police Pensions, will conduct a runoff election on May 31, 2019. All retired, sworn members of the Police Department are encouraged to participate. The candidate elected will serve a five-year term that begins July 1, 2019 and ends June 30, 2024.
BOARD MEMBER DUTIES – The Board exercises the prudent person standard in the discharge of its duties. It has sole and exclusive fiduciary responsibility to administer the Fire and Police Pension System (System) and its assets; has the authority to set and adopt investment policies for over $22 billion in fund assets; and has the duty to establish actuarial assumptions and adopt rules and regulations necessary to properly fund and administer the System.
Preparation for regular and special meetings requires a Commissioner to commit several hours of advance reading of Board Reports and disability cases. The Board normally meets on the first and third Thursdays of the month at 8:30 a.m. The duration of most meetings is from two to four hours.
VOTING PROCESS – Only retired, sworn Los Angeles Police Department members of the System are eligible to vote for this Board seat. Ballots will be mailed to eligible voters beginning May 16, 2019. Voters who wish to submit their ballots in person may do so beginning May 21, 2019. To be counted all completed ballots must be received by mail or in person by the Office of the City Clerk – Election Division by 5:00 p.m. on May 31, 2019. The ballots will be tallied on June 3, 2019 in the presence of the observers designated by each candidate.
QUESTIONS – Inquiries regarding the election process may be directed to the Office of the City Clerk – Election Division at (213) 978-0440 or the Administrative Services Section of the Department of Fire and Police Pensions at (213) 279-3080.