Pension Trust Committee

Committee Description

The Pension Trust Committee manages the Pension Plan for employees of the Commission.

It is comprised of not less than three members who are appointed from time to time by the Commission; one Pension Committee member shall be from the Commission staff.

The Committee annually assesses the need for an inflationary increase to the pensions of retired employees. Inflationary increases shall apply to retirees, or their survivors, that are currently receiving pension payments, and who have received pension payments for at least twelve months.