SEC. 3.1-410. RETIREMENT SYSTEM.
§ 3.1-410
Employees in certain positions within the city's retirement system must disclose their investments and business positions in computer hardware or software companies (Category 2 disclosure), or all business investments and income (Category 1 disclosure), depending on their role. The section lists specific retirement system positions and their corresponding disclosure category requirements.
People working in certain jobs at the city's retirement system need to tell the city about their investments and money-making connections outside their job. If your job is listed here as Category 2 (like IT Manager), you have to report any stocks, ownership stakes, or income from companies that make or sell computer hardware or software. If your job is Category 1, you have to report all your business investments and income, no matter what kind of business it is. This is to make sure there are no hidden conflicts of interest.
- Complex:The section mixes a definition of Disclosure Category 2 with a long, repetitive two-column table of job titles and categories, making it hard to parse the overall rule and locate specific positions.
- Could be simpler:The table contains several duplicate position titles (e.g., 'Senior Portfolio Manager' and 'Director' appear twice), which creates unnecessary confusion about which disclosure category actually applies.
AI-generated · claude-haiku-4-5 · informational only, not legal advice.
Official text
Disclosure Category 2. Persons in this category shall disclose all investments and business positions held in business entities, and income from any business entity, engaged in the development, manufacture, distribution, sale, or lease of computer hardware or software.
Designated Positions
Disclosure Categories
Designated Positions
Disclosure Categories
Member, Retirement Board
See Sec. 3.1-510
Chief Executive Officer and Chief Investment Officer
See Sec. 3.1-510
Chief Operating Officer
1
Deputy Director for Retirement Services
1
Director
1
Actuarial Services Coordinator
1
Compliance Manager
1
Finance Manager
1
IT Manager
2
Managing Director
See Sec. 3.1-510
Director
See Sec. 3.1-510
Senior Portfolio Manager
1
Senior Investment Officer
1
Security Analyst
1
Deferred Compensation Manager
1
Manager of Investment Operations
1
Associate Portfolio Manager
1
Senior Portfolio Manager
1
Investment Officer
1
(Added by Ord. 71-00, File No. 000358, App. 4/28/2000; amended by Ord. 58-01, File No. 001951, App. App. 4/13/2001; Ord. 35-02, File No. 011875, App. 3/29/2002; Ord. 99-05, File No. 041570, App. 5/25/2005; Ord. 93-08, File No. 090199, App. 6/10/2009; Ord. 9-13, File No. 120964, App. 2/4/2013, Eff. 3/6/2013, Oper. 1/1/2013; Ord. 256-14 , File No. 141003, App. 12/19/2014, Eff. 1/18/2015; Ord. 251-16, File No. 161158, App. 12/22/2016, Eff. 1/21/2017; Ord. 13-23, File No. 221025, App. 2/9/2023, Eff. 3/12/2023)
(Derivation: Former Administrative Code Section 58.370)