2006 Minnesota Statutes

423C.03 BOARD MEMBERSHIP; ELECTIONS; DUTIES; COMPENSATION; BOND;
MEETINGS; POWERS.
    Subdivision 1. Board composition and elections. The board shall consist of two persons
appointed by the city and ten other members selected by the members. Elections for active and
retired positions on the board shall be conducted pursuant to the association's bylaws.
    Subd. 2. Board officers. The officers of the association shall consist of a president, one or
more vice-presidents, an executive secretary, a treasurer, an assistant executive secretary, and an
assistant treasurer. Only elected members of the board are eligible to be officers. Officers shall
have those duties and responsibilities as set forth in this chapter, other applicable law, and the
association's bylaws. Officers shall be compensated as provided in subdivision 3. All officers shall
be elected in even years at the association's annual meeting. Officers shall hold their office for a
term of two years unless they are removed from the board before their two-year term expires.
    Subd. 3. Compensation of officers and board members. (a) Notwithstanding any other
law to the contrary, the association may provide for salaries to its officers and board members as
specified in this subdivision.
(b) If the executive secretary is not an active member, the executive secretary may receive a
salary to be set by the board, subject to the limitations stated in paragraph (d). If the executive
secretary is an active member, the executive secretary may receive a salary not exceeding 50
percent of the maximum salary of a first grade firefighter.
(c) The president may receive a salary not exceeding ten percent of the maximum salary
of a first grade firefighter, and all other elected members of the board, other than the executive
secretary, may receive a salary not exceeding 2.5 percent of the maximum salary of a first grade
firefighter.
(d) If the executive secretary is not an active member, the executive secretary's salary may
not exceed the highest salary currently received by the executive director of the Minnesota State
Retirement System, the Public Employees Retirement Association, or the Teachers Retirement
Association.
    Subd. 4. Bond for executive secretary and treasurer. (a) The executive secretary and the
treasurer must furnish to the relief association a corporate bond for the faithful performance of
the duties of that office in an amount as the board of trustees from time to time may determine,
subject to the minimum amount specified in section 69.051, subdivision 2.
(b) The relief association must pay the premiums on these bonds from the special fund of
the relief association.
    Subd. 5. Meetings. Each December, the board shall hold an annual meeting. All other
meetings of the board shall be held as provided in the association's articles or bylaws. Board
members may participate in a board meeting by any means of communication through which the
trustee, other board members participating, and all other board members physically present at the
meeting may simultaneously hear each other during the meeting. Participating in a meeting by
these means is the same thing as being physically present at the meeting.
    Subd. 6. Additional board powers. (a) In addition to the powers granted the board by this
chapter, chapter 317A, other applicable state and federal law, and its articles and bylaws, the
board shall authorize and create a board of examiners.
(b) The board of examiners shall investigate and report on all applications for disability
pensions and make recommendations as to the amount to be paid to each applicant; investigate
and report on all disability pensioners and make recommendations as to the amount of pension
to be paid to them, from year to year; and investigate and report on all applications for service
pensions and claims for relief. This board shall consist of at least three members of the board of
the relief association.
History: 1Sp2001 c 10 art 15 s 3; 2002 c 231 s 3,4; 1Sp2003 c 12 art 11 s 1; 2004 c 267
art 13 s 1