§ 154-187. Compensation and expenses of board of trustees in the plan.
Latest version.
All expenses including, without limitation, expenses for legal, accounting, clerical,
and other services as may be required in carrying out the provisions of the plan and
trust, of the board of trustees and all expenses of the plan and trust shall be reimbursed
or paid from the trust fund, if and to the extent that the employer does not pay such
expenses. Trustees who are not employees or retirees of Fulton County shall receive
a per diem allowance of $100.00 for each meeting of the board of trustees attended
by such individual; provided, however, that if such meeting shall exceed four hours
in length in any day, such trustees shall receive the sum of $300.00 for such meeting.
Trustees elected to the board of trustees (trustee positions 6, 7, 8, 9, 10, and 11)
shall receive a per diem allowance of $25.00 in lieu of expenses for each meeting
of the pension board attended. Such allowance shall not be considered additional county
compensation. Trustees holding a position as trustee by virtue of the office held
by them under county government, that is, the members of the Board of Commissioners
of Fulton County, the Director of Finance of Fulton County and the County Manager
of Fulton County, shall not receive any fee or compensation for services rendered
to the plan and trust other than the salary and related fringe benefits paid by the
employer to such individuals as an employee.
