Section 7-1700. PURPOSE AND GOVERNANCE

 

1700.1In accordance with Section 121(a) of the District of Columbia Retirement Reform Act, as amended, Public Law 96-122 (codified at D.C. Official Code § 1-711(a) (2011 Repl.)), the District of Columbia Retirement Board (DCRB) has exclusive authority and discretion to manage and control the District of Columbia Police Officers and Fire Fighters’ Retirement Fund (Police and Fire Retirement Fund) and the District of Columbia Teachers’ Retirement Fund (Teachers’ Retirement Fund) and to implement and administer the retirement program for the District of Columbia police officers, firefighters and teachers.  DCRB is also authorized to issue rules for the management and administration of the retirement program.

 

 

authority

Section 121(e) of the District of Columbia Retirement Reform Act (“Reform Act”), approved November 17, 1979 (Pub. L. 96-122, 93 Stat. 866, D.C. Official Code § 1-711(e)(2011 Repl.)) and § 12(j)(c)(5) of the Policemen and Firemen’s Retirement and Disability Act, approved September 1, 1916 (39 Stat. 718, D.C. Official Code § 5-714(c)(5)(2008 Repl.)).

source

Final Rulemaking published at 60 DCR 1790 (February 15, 2013).