Board of Trustess

A single Retirement Board, consisting of four appointed members and five elected members, oversees the administration of both systems.  KCPERS provides retirement, disability, and death benefits for the Kansas City, Missouri Police Department’s 3500+ police officers, civilian employees, retirees, and beneficiaries.

 

The Board of Retirement’s primary role is to ensure KCPERS is appropriately governed and managed to fulfill its mission on behalf of its members.  Consistent with this role, the Board serves as a trustee of the KCPERS investment fund and has a statutory and fiduciary duty to administer the retirement system soundly and prudently. Therefore, the Board is charged with making decisions solely in the interest of and for the exclusive purpose of providing the earned benefits to KCPERS members and beneficiaries.

 

The Board’s responsibilities include maintaining sole and exclusive authority over plan assets; setting investment strategies; selecting external, professional investment managers and advisors; monitoring and managing all investments in coordination with staff and advisors; administering benefits efficiently and lawfully; appointing the Executive Director and Legal Counsel.