The Board of Fire and Police Pension Commissioners was created under Article IV-A of the Charter of the City of Santa Barbara in 1926 for the purpose of controlling the administration and investment of monies deposited in the Service Retirement Fund. At the present time, the Board has the responsibility of investing monies in excess of $1.4 million to secure pensions of retired members of the Fire and Police Departments.

General Functions
The Board is responsible for controlling the administration and investment of monies deposited in the Service Retirement Fund.

Membership
5 Members

Qualifications

• One member must be an active or retired fire fighter and need not be a resident or qualified elector of the City.
• One member must be an active or retired police officer and need not be a resident or qualified elector of the City.
• The 3 remaining members of the Board shall not be active fire fighters or active police officers and must be qualified electors of the City.

Length of Term
Four years and until successors are appointed. Staggered terms expire on December 31 of the appropriate year.

Meeting Schedule
The Board meets on the fourth Monday after the close of each calendar quarter at
10:30 a.m. in the Finance Conference Room, City Hall, 735 Anacapa Street. Additional meetings are held as needed.

Time Involved
Approximately 2 hours per quarter for meetings and related activities.

Financial Disclosure Requirement
Members are required to file a Statement of Economic Interests upon appointment, annually and when leaving the advisory group.

Compensation
None.

Staff
Finance Department (805) 564-5334.

Reference
City Charter Sections 800 - 805, 815, and 1101; 1926 City Charter Article XV-A; City Attorney Opinion No. 8-1978 dated October 31, 1978; and Municipal Code Section 2.08.020.G.