Hollywood Fire Pension Fund
The City of Hollywood
Firefighters’ Pension Fund exists to efficiently provide the highest quality of
administrative services, within the applicable laws, professional and ethical
standards, so that each member has the opportunity for a successful retirement.
The sole and exclusive
administration of and responsibility for the proper operation of the system and
for making effective the provisions is hereby vested in a Board of Trustees The
Board shall consist of five Trustees, one of whom shall be the Chief of the
Fire Department, one of whom, unless otherwise prohibited by law, shall be
appointed by the Hollywood City Commission, and three of whom shall be
regularly employed Firefighters, who shall be elected by a majority of the
regularly employed Firefighters. The City Commission appointed Trustee
shall serve as Trustee for a period of two years, unless he or she sooner
vacates the office or is sooner replaced by the Hollywood City Commission at
whose pleasure he or she shall serve. The Chief of the Fire Department shall
serve as long as he or she shall continue to hold office as Chief and upon a
vacancy in the office of Chief, his or her respective successor shall succeed
to the position of Trustee. Each member Trustee shall serve as Trustee
for a period of three years, unless he or she sooner leaves the employment of
the city as a Firefighter or otherwise vacates his or her office as Trustee,
whereupon a successor shall be chosen in the same manner as the departing
Trustee. Each Trustee may succeed himself in office. The Board
shall meet at least quarterly each year. The Board shall be a legal
entity with, in addition to other powers and responsibilities contained herein,
the power to bring and defend lawsuits of every kind, nature, and description.
The City Commission appointed Trustee shall serve as Chairman of
the Board. The Trustees shall, by a majority vote, elect a
Secretary. The Secretary of the Board shall keep a complete minute book
of the actions, proceedings, or hearings of the Board. The Trustees shall
not receive any compensation as such, but may receive expenses and per diem as
provided by law.
Each Trustee shall be entitled to one vote on the Board. Three
affirmative votes shall be necessary for any decision by the Trustees at any
meeting of the Board.
The Board shall engage such actuarial, accounting, legal, and
other services as shall be required to transact the business of the
system. The compensation of all persons engaged by the Board and all
other expenses of the Board necessary for the operation of the system shall be
paid from the Fund at such rates and in such amounts as the Board shall
agree. In the event the Board chooses to use the city's legal counsel,
actuary or other professional, technical or other advisors, it shall do so only
under terms and conditions acceptable to the Board.
The duties and responsibilities of the Board shall include, but
not necessarily be limited to, the following:
construe the provisions of the system and determine all questions arising
determine all questions relating to eligibility and membership;
determine and certify the amount of all retirement allowances or other benefits
establish uniform rules and procedures to be followed for administrative
purposes, benefit applications and all matters required to administer the
distribute to members, at regular intervals, information concerning the system;
receive and process all applications for benefits;
authorize all payments whatsoever from the Fund, and to notify the disbursing
agent, in writing, of approved benefit payments and other expenditures arising
through operation of the system and Fund;
(8) To have
performed actuarial studies and valuations, at least as often as required by law,
and make recommendations regarding any and all changes in the provisions of the
perform such other duties as are required to prudently administer the system.
Nothing shall empower the Board to amend the provisions of the
system without the approval of the City Commission.
Hollywood Fire Rescue currently
has about 200 Firefighters (same staffing levels as in 1989). Hollywood Fire
Rescue cover roughly 27 square miles (Ft Lauderdale covers 34) including 7
miles of beachfront and about 7 straight miles of the actual Intercoastal
Waterway, with many more miles of lakes and canals. There are six stations and
run over 27,000 calls per year, which steadily increase every year.
The Hollywood Fire Rescue serves about 147,000
residents (2013 US Census), which swells to anywhere between 300,000
and 400,000 in winter; not to mention the visitors and commuters that roll
through our MANY miles of highways and byways. Unit for unit,
Hollywood Fire Rescue is among the busiest in the state and respond to ALL 9/11
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