The Board of Trustees of the Firefighters Pension Fund as trustees of all assets of the fund shall have the power by a majority vote to repeal, alter, amend, delete, or otherwise in their discretion the authority to change the benefits available to the members of the fund, provided, however, this section shall not authorize the board of trustees to stop, limit, decrease, or in any way take away benefits presently being received by any member of the fund presently receiving benefits therefrom.
Structure Code of Alabama
Chapter 51A - Montgomery County Municipalities.
Division 2 - Firefighters Pension Fund.
Section 45-51A-32.20 - Creation.
Section 45-51A-32.21 - Membership in Pension Fund.
Section 45-51A-32.22 - Board of Trustees - Composition.
Section 45-51A-32.23 - Board of Trustees - Election of Members.
Section 45-51A-32.24 - Board of Trustees - Officers.
Section 45-51A-32.25 - Custodian of Assets.
Section 45-51A-32.26 - Duties of Board.
Section 45-51A-32.27 - Funding.
Section 45-51A-32.28 - Powers of Board Members.
Section 45-51A-32.29 - Annual Report.
Section 45-51A-32.30 - Depositories.
Section 45-51A-32.31 - Payments From Fund.
Section 45-51A-32.32 - Exemptions.
Section 45-51A-32.33 - Insufficient Funding.
Section 45-51A-32.34 - Changes to Benefits.
Section 45-51A-32.35 - Assistance of City Attorney.
Section 45-51A-32.36 - Payment of Expenses.
Section 45-51A-32.37 - Annual Report by Fire Insurance Companies.
Section 45-51A-32.38 - Actuary.
Section 45-51A-32.39 - Investment Trustee.
Section 45-51A-32.40 - Transition Provisions.