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Board Member
Birmingham, AL

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Now viewing: Pension Board Member (Birmingham Firefighters and Police Officers Supplemental Pension Board)
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The Personnel Board of Jefferson County

Pension Board Member (Birmingham Firefighters and Police Officers Supplemental Pension Board)

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Job Description

Pension Board Member (Birmingham Firefighters' and Police Officers' Supplemental Pension Board) The Personnel Board of Jefferson County Birmingham, AL Job Details Part-time 1 day ago Qualifications CPA Portfolio performance analysis Investment performance monitoring Financial reporting Financial records review Decision making Fiduciary duties Pension plans for retirement planning Financial management Senior level Banking Fund performance monitoring Full Job Description Current employees of any Merit System agency should click "Apply-Internal." All others should click "Apply-External."
LOCATIONS
Birmingham
TARGET CLOSE DATE
09/25/2026
PAY GRADE:
POL TYPE
Part time
JOB SUMMARY
Pursuant to Act No. 2007-503, the Personnel Board of Jefferson County (PBJC) is responsible for electing/appointing Member Number One to the Firefighters' and Police Officers' Supplemental Pension Board of Managers for the City of Birmingham to serve a four-year term. Members of the Firefighters' and Police Officers' Supplemental Pension Board meet on a monthly basis and are not paid for their service. The Pension Board Member serves as a fiduciary representative overseeing the City's supplemental pension fund. This role involves reviewing financial and investment reports, approving pension applications, and contributing to informed decision-making that ensures the stability and integrity of the plan.
Meeting Schedule:
Second Wednesday of each month, 1:30 PM (meetings typically last 25-30 minutes, but no more than 90 minutes)
COMPENSATION & BENEFITS
There is no compensation associated with this role.
MINIMUIM QUALIFICATIONS
Minimum of five (5) or more consecutive years as an executive in insurance, actuarial, investments, or banking, or as a certified public accountant immediately preceding his or her appointment.
Key Responsibilities:
Financial Oversight:
o Review monthly financial statements and annual audits prepared by the City. o Record whether monthly participant and City contributions exceed or fall short of operating costs to identify surpluses or deficits.
Investment Monitoring:
o Review monthly investment reports to determine overall portfolio gains or losses. o Engage with investment advisors on performance updates, strategies, and recommendations.
Pension Application Review:
o Approve service pension applications, consulting with the Finance Department on any unusual or exceptional cases. o Coordinate with Police and Fire representatives who are familiar with applicants.
Board Participation:
o Attend monthly meetings and participate in presentations from current and prospective money managers. o Contribute to transparent, well-informed discussions that support prudent fund management.
PHYSICAL DEMANDS
WORK
ENVIRONMENT
EEO
STATEMENT
The Personnel Board of Jefferson County provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment with the Personnel Board of Jefferson County, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Each Merit System member city/agency operates its own equal employment opportunity policies available on the individual city/agency website.
ACCOMMODATION
To request an accommodation in the application or hiring process due to your own ongoing medical condition or disability, please contact our Accommodations Coordinator at or phone at 205-279-3500 (select option 1) Monday through Friday, 8:00 a.m. to 5:00 p.m. Central Time. The accommodation process is reserved solely for job seekers with disabilities requesting accessibility assistance or accommodation in the job application process.
NOTE:
This job posting may close before, or be extended beyond, the listed Target Close Date based on the employment needs of the Merit System. More detail regarding this job is available by clicking Apply.
DISCLAIMER
This job posting is not meant to be an all-inclusive list of the job duties, responsibilities, or skills and abilities required for this position and may be changed at the discretion of the Personnel Board at any time.

Benefits

  • Dental Insurance
  • Other Retirement and Savings