There is hereby created and established a Reserve Fund which shall consist of all moneys paid into it as provided in Section 5‑103. Advances may be made by the Board of Trustees hereinafter created from said Reserve Fund to the Fire and Police Disability and Retirement Fund in cases where said Fund is depleted to the extent that it cannot meet its current obligations. The City Treasurer shall have the same powers of investment of the Reserve Fund that such officer has with the Fire and Police Disability and Retirement Fund. If the balance in the Reserve Fund exceeds $750,000, the excess shall be transferred to the Fire and Police Disability and Retirement Fund.
GENERAL INFORMATION: 503-823-4000