Old Hire Police Defined Benefit Board

Researcher's note: The board of trustees of the City of Boulder "Old Hire" Police Defined Benefit Plan and Trust Agreement, the closed plan for police officers hired before April 8, 1978. The ACFRs call it the Board of Trustees; its minutes call it the Old Hire Police Defined Benefit Board. Unlike the fire board it has no BRC section.

Legal basis

• Ordinance No. 5086 (1987) (1987-11-03) · creates · City of Boulder "Old Hire" Police Defined Benefit Plan and Trust Agreement source source
• BRC 2-9-2 · governs · Police Pension Benefits source
• Ordinance No. 7592 (2008) (2008) · amends source
• C.R.S. 31-30.5-203 · authorizes · Board of trustees - police officers' old hire pension fund source source

as of 2026-10-29

Appointed by

unknown · 14 sources tried

• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=195323&dbid=0&repo=LF8PROD2 · who appoints the citizen at large and how retired trustees are chosen: composition only (citizen at large, Mayor, CFO, two retired police officers); no appointing authority
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=194297&dbid=0&repo=LF8PROD2 · board appointment or election rules (2021 ACFR): same composition sentence; no appointment rule
• 2026-10-29 · https://bouldercolorado.gov/media/5555/download · board composition and selection in the 2011 CAFR: plan description and Ordinance 5086, no board composition or selection
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=191352&dbid=0&repo=LF8PROD2 · elections or appointments in board minutes (Feb 2024): lists current board members by seat; no election or appointment
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=200192&dbid=0&repo=LF8PROD2 · a pension board seat in Council's 2026 boards and commissions appointments packet: no mention of any pension board
• 2026-10-29 · https://web.archive.org/web/20160201035720/https://bouldercolorado.gov/boards-commissions · a pension board in the 2016 recruitment list: not listed
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=151628&dbid=0&repo=LF8PROD2 · Ordinance 7506 (Old Hire police plan changes) for plan text: image-only file, no text layer
• 2026-10-29 · https://colorado.public.law/statutes/crs_31-30.5-203 · state rule for the police old-hire board: for municipalities of 100,000 or more the board is whatever the charter and ordinances designate; no default
• 2026-10-29 · https://www.boulderfppension.org/oversightadministration · old-hire police board selection: a different plan (Fire and Police Money Purchase Pension Plan), not the old-hire board
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=8602&dbid=0&repo=LF8PROD2 · who appoints the citizen at large and the retired trustees: Council agenda item 3G, first reading of Ordinance 7591 (May 2008): image-only file, no text layer
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=11926&dbid=0&repo=LF8PROD2 · who appoints the citizen at large and the retired trustees: Laserfiche Council Ordinances folder lists only 7001-8000 and 8001-to-current; Ordinance 5086 (1987), which set up the plan, is not online there
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=31167&dbid=0&repo=LF8PROD2 · who appoints the citizen at large and the retired trustees: Laserfiche Boards & Commissions folder: no pension board folder
• 2026-10-29 · https://bouldercolorado.gov/media/9586/download · who appoints the citizen at large and the retired trustees: HTTP 404 (older financial report)
• 2026-10-29 · https://bouldercolorado.gov/media/15819/download · who appoints the citizen at large and the retired trustees: HTTP 404 (older financial report)

How

unknown · 11 sources tried

• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=200192&dbid=0&repo=LF8PROD2 · pension board in the 2026 recruitment and appointment packet: no mention
• 2026-10-29 · https://web.archive.org/web/20160201035720/https://bouldercolorado.gov/boards-commissions · pension board in the 2016 recruitment list: not listed
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=195323&dbid=0&repo=LF8PROD2 · selection process for trustees: composition only
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=191353&dbid=0&repo=LF8PROD2 · elections or appointments in May 2024 minutes: same three current members; no selection recorded
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=199540&dbid=0&repo=LF8PROD2 · 2025-2026 board minutes (CORA 2026-5708 response): no board meetings Feb 2025-Feb 2026; no minutes
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=17332&dbid=0&repo=LF8PROD2 · Ordinance 7591 (2008, Old Hire police plan changes) for plan text: image-only file, no text layer
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=8602&dbid=0&repo=LF8PROD2 · how trustees are selected: Council agenda item 3G, first reading of Ordinance 7591 (May 2008): image-only file, no text layer
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=11926&dbid=0&repo=LF8PROD2 · how trustees are selected: Laserfiche Council Ordinances folder lists only 7001-8000 and 8001-to-current; Ordinance 5086 (1987), which set up the plan, is not online there
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=31167&dbid=0&repo=LF8PROD2 · how trustees are selected: Laserfiche Boards & Commissions folder: no pension board folder
• 2026-10-29 · https://bouldercolorado.gov/media/9586/download · how trustees are selected: HTTP 404 (older financial report)
• 2026-10-29 · https://bouldercolorado.gov/media/15819/download · how trustees are selected: HTTP 404 (older financial report)

Seats

5 source source as of 2024-12-31

Seat types

• Citizen at large ×1 at-large
• Mayor (ex officio) ×1 ex-officio
• Chief Financial Officer (ex officio) ×1 ex-officio
• Retired beneficiary of the plan (retired police officer) ×2 designated

source as of 2024-12-31

Term

unknown · 11 sources tried

• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=195323&dbid=0&repo=LF8PROD2 · trustee terms: none stated
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=194297&dbid=0&repo=LF8PROD2 · trustee terms (2021 ACFR): none stated
• 2026-10-29 · https://library.municode.com/co/boulder/codes/municipal_code?nodeId=TIT2GOOR_CH9POFIPE · board or terms in BRC 2-9: benefits only; no board section
• 2026-10-29 · https://library.municode.com/co/boulder/codes/municipal_code?nodeId=TIT2GOOR_CH3BOCO · a police pension board section in BRC 2-3: only the firefighters' board (2-3-13)
• 2026-10-29 · https://colorado.public.law/statutes/crs_31-30.5-203 · state default terms: none for municipalities of 100,000 or more
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=191352&dbid=0&repo=LF8PROD2 · term dates in minutes: none
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=8602&dbid=0&repo=LF8PROD2 · trustee terms: Council agenda item 3G, first reading of Ordinance 7591 (May 2008): image-only file, no text layer
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=11926&dbid=0&repo=LF8PROD2 · trustee terms: Laserfiche Council Ordinances folder lists only 7001-8000 and 8001-to-current; Ordinance 5086 (1987), which set up the plan, is not online there
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=31167&dbid=0&repo=LF8PROD2 · trustee terms: Laserfiche Boards & Commissions folder: no pension board folder
• 2026-10-29 · https://bouldercolorado.gov/media/9586/download · trustee terms: HTTP 404 (older financial report)
• 2026-10-29 · https://bouldercolorado.gov/media/15819/download · trustee terms: HTTP 404 (older financial report)

Term limit

unknown · 7 sources tried

• 2026-10-29 · https://library.municode.com/co/boulder/codes/municipal_code?nodeId=TIT2GOOR_CH9POFIPE · term limit: no board provisions
• 2026-10-29 · https://library.municode.com/co/boulder/codes/municipal_code?nodeId=TIT2GOOR_CH3BOCO · a police pension board section: none
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=195323&dbid=0&repo=LF8PROD2 · term limit: none stated
• 2026-10-29 · https://colorado.public.law/statutes/crs_31-30.5-203 · state term limit: none
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=8602&dbid=0&repo=LF8PROD2 · a term limit: Council agenda item 3G, first reading of Ordinance 7591 (May 2008): image-only file, no text layer
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=11926&dbid=0&repo=LF8PROD2 · a term limit: Laserfiche Council Ordinances folder lists only 7001-8000 and 8001-to-current; Ordinance 5086 (1987), which set up the plan, is not online there
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=31167&dbid=0&repo=LF8PROD2 · a term limit: Laserfiche Boards & Commissions folder: no pension board folder

Staggering

unknown · 8 sources tried

• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=195323&dbid=0&repo=LF8PROD2 · staggered terms: none stated
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=194297&dbid=0&repo=LF8PROD2 · staggered terms: none stated
• 2026-10-29 · https://library.municode.com/co/boulder/codes/municipal_code?nodeId=TIT2GOOR_CH9POFIPE · staggering: no board provisions
• 2026-10-29 · https://colorado.public.law/statutes/crs_31-30.5-203 · state rule: none for municipalities of 100,000 or more
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=191353&dbid=0&repo=LF8PROD2 · term dates: none
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/DocView.aspx?id=8602&dbid=0&repo=LF8PROD2 · staggered terms: Council agenda item 3G, first reading of Ordinance 7591 (May 2008): image-only file, no text layer
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=11926&dbid=0&repo=LF8PROD2 · staggered terms: Laserfiche Council Ordinances folder lists only 7001-8000 and 8001-to-current; Ordinance 5086 (1987), which set up the plan, is not online there
• 2026-10-29 · https://documents.bouldercolorado.gov/WebLink/Browse.aspx?id=31167&dbid=0&repo=LF8PROD2 · staggered terms: Laserfiche Boards & Commissions folder: no pension board folder

Powers

mixed. Decides: Manages the plan and its trust fund as trustee: sets the investment policy and controls the fund's investments; sets board-established minimum benefits and grants benefit increases to retirees and widows within the plan.. To council: Benefit changes: the board recommends them to the City Manager, who presents them to City Council for approval. source source source source as of 2024-12-31

Council liaison

not applicable: No council liaison is assigned: the mayor holds a seat on the board ex officio, 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 2024-05-07

Relations

• 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 Old Hire Police Defined Benefit Board · the mayor sits ex officio source
• Old Hire Police Defined Benefit Board recommends to City Manager · benefit changes, which the City Manager takes to City Council source
• Finance staffs Old Hire Police Defined Benefit Board · city staff support (the Assistant Controller); the chief financial officer is a trustee source source source

History

• 1987-11-03 · created · City Council established the Old Hire Police Defined Benefit Plan and Trust Agreement by Ordinance 5086, effective January 1, 1987, vesting management of the plan in its board. source