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March 2019
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PURPOSE: To administer the City's Employees' Retirement System and make effective the provisions of the Milwaukee City Charter pertaining to this system.

COMPOSITION: Eleven members: Three appointed by the Common Council President and confirmed by the Common Council to two-year terms; three members appointed by the Mayor and confirmed by the Common Council to two-year terms; three members of the retirement system elected by other members of the system for four-year terms, one member elected by retired members of the system for a four-year term; and the City Comptroller ex-officio.

Appointed members are appointed either within 60 days of the commencement of a new Common Council term or within 60 days of that date which marks the second anniversary of the commencement of a Common Council term. If a vacancy occurs, the appointing authority is required to make a new appointment within 60 days following the vacancy. Those appointed and confirmed to fulfil a vacancy receive the unexpired portion of the member they are replacing and not a full term.

The terms of all elected members begin on the first day of the first January following their elections.

A member who is not an elected official continues to serve after the completion of his or her term until reappointed or until a successor has been appointed.

Due to the nature of the business conducted by this body, members are required to file a Statement of Economic Interests with the Board of Ethics.

CREATING AUTHORITY: Section 36-15 of the Milwaukee City Charter and section II.A.4 of the Rules of the ERS.

SALARY: $115.38 bi-weekly for members who are not City officials.

STAFFING: Employes' Retirement System, 286-2187 WEBSITE:ANNUITY AND PENSION BOARD

LAST UPDATED: January 10, 2019