Overview of the System
The Fire and Police Retirement
System and Its Services
The Fire and Police Retirement System was established
on July 1, 1955, under charter Section 910 and is governed
by Article 3 and 4 of Chapter 3 of the City of Fresno
Municipal Code. Effective August 27, 1990, the City
added a Second Tier that includes all full-time sworn
Fire, Police, and Airport Safety personnel hired on
or after that date.
The System provides retirement allowances to all full-time
sworn safety members employed by the City of Fresno.
The System provides lifetime retirement, disability,
and death benefits to its safety members. The Retirement
Board is also responsible for the prudent investment
of member and employer contributions, and defraying
reasonable expenses of administration.
The Fire and Police Retirement Board is responsible
for establishing policies governing the administration
of the retirement plan, making benefit determinations,
and managing the investment of the System’s assets.
The Board operates under the authority vested in Article
3 and 4 of Chapter 3 of the Fresno Municipal Code
and the California Pension Protection Act of 1992.
Article XVI, Section 17(b) of the Constitution of the
State of California provides that the “members
of the Retirement Board of a public retirement system
shall discharge their duties...solely in the interest
of, and for the exclusive purpose of providing benefits
to, participants and their beneficiaries, minimizing
employer contributions thereto, and defraying reasonable
expenses of administering the System. A Retirement
Board’s duty to its participants and their beneficiaries
shall take precedence over any other duty.” Section
17(a) further provides that the Board has...“the
sole and exclusive responsibility to administer the
System in a manner that will assure prompt delivery
of benefits and related services to the participants
and their beneficiaries.”
The Board oversees the Retirement Administrator and
staff in the performance of their duties in accordance
with the Municipal Code and the Board’s Rules,
Regulations and Policies.