The Panama City Police Pension Fund Board is a five-member board. The City Commission appoints two board members; the Panama City Police Department elects two board members; and, the board appoints the fifth member. Board members serve two-year terms.

The Police Pension Fund Board is responsible for the investment and reinvestment of the assets of the Fund, for determining all claims for retirement benefits, for exercising the sole and exclusive administration of and the proper operation of the Plan. The trustees of the board perform such actuarial and accounting functions as are required by law and fulfill all other such duties as may be required by law.

The board meets in regularly scheduled quarterly sessions on the first Thursday in the months of March, June, September and December during the year. The meetings are held on the first Thursday of the respective months, at 4:00 p.m. The board may meet as otherwise necessary.

The City Clerk's Office is responsible for preparation of an agenda and the administration of the Fund. For information concerning the Panama City Police Pension Fund Board, please call the City Clerk's Office, at 872-3021.