Firefighters' Pension Fund Board of Trustees

Researcher's note: Its own minutes call it the Old Hire Fire Defined Benefit Board. It runs the closed plan for firefighters hired before April 8, 1978.

Legal basis

• BRC 2-3-13 · governs · Firefighters' Pension Fund Board of Trustees source
• Ordinance No. 4995 (1986) (1986) · governs source
• Ordinance No. 7799 (2012) (2012) · amends source
• Ordinance No. 7838 (2012) (2012) · amends source
• BRC 2-9-3 · governs · Firefighter Pension Benefits source
• City of Boulder "Old Hire" Fire Defined Benefit Plan and Trust Agreement (2002) (2002) · governs source
• C.R.S. 31-30.5-202 · governs · Board of trustees - firefighters' old hire pension fund source

as of 2026-10-29

Appointed by

City Council. City Council appoints one member for a three-year term. The mayor and the chief financial officer sit by office. Three members are elected by the fire department's old-hire members (hired before April 8, 1978). source as of 2026-10-29

How

The council appointee is named by City Council for a three-year term; the three old-hire members are elected by the old-hire firefighters for three-year terms. The seat is not part of the city's annual boards and commissions recruitment: the 2016 recruitment list and the 2026 recruitment packet name no pension board. · three-year terms; no fixed annual cycle found · city-council (appointee); election by old-hire members (elected seats) source source as of 2026-10-29

Seats

6 source source as of 2024-12-31

Seat types

• Mayor (ex officio) ×1 ex-officio
• Chief financial officer (ex officio; treasurer of the board) ×1 ex-officio
• Council appointee (citizen at large) ×1 at-large
• Old-hire firefighter (hired before April 8, 1978), elected by the old-hire members; now retired firefighters ×3 elected

source source source as of 2024-12-31

Term

3 years (council appointee and elected members); the mayor and chief financial officer serve while in office source as of 2026-10-29

Term limit

none set in BRC 2-3-13 (it sets three-year terms only); BRC 2-3-1 sets no general term limit, and members serve until their successors take office source source as of 2026-10-29

Staggering

none set in BRC 2-3-13, which gives every non-ex-officio seat a three-year term without saying how terms are offset; the state model for this board (C.R.S. 31-30.5-202(2)) staggers the three elected seats one year apart source source as of 2026-10-29

Powers

mixed. Decides: Supervises city and firefighter contributions to the fund and the investment of the fund, sets its investment policy, and hears and decides all applications for relief or pensions; those decisions are final unless the board grants a rehearing. It makes its own rules for managing the fund.. To council: Benefit changes: the board recommends them to the City Manager, who presents them to City Council for approval. source source source as of 2024-12-31

Council liaison

not applicable: No council liaison is assigned: the mayor sits on the board ex officio under BRC 2-3-13, and the council's 2021 committee and liaison assignment lists (council hotline, November-December 2021) name no pension board. source

Staff liaison

Finance · Ron Gilbert source source as of 2024-02-06

Relations

• City Council appoints Firefighters' Pension Fund Board of Trustees · one member, three-year term source
• Firefighters' Pension Fund Board of Trustees joint with Old Hire Police Defined Benefit Board · not a formal joint body: the two old-hire boards share the CFO, city staff support and investment consultant, meet back to back, and are described together as the Fire and Police Pension Boards source
• Mayor member of Firefighters' Pension Fund Board of Trustees · the mayor sits ex officio source
• Firefighters' Pension Fund Board of Trustees recommends to City Manager · benefit changes, which the City Manager takes to City Council source
• Finance staffs Firefighters' Pension Fund Board of Trustees · treasurer (the chief financial officer, ex officio, BRC 2-3-13) and city staff support (the Assistant Controller) source source source