53 Pa. Stat. § 23646
There is hereby created for the care, management, and control of such fund, a board of managers, consisting of eleven members, to be known as the "Policemen's Pension Fund Board of the City of ..........." The personnel thereof shall be as follows: the president of council, the city controller, and the director of the department of public safety, who shall be ex-officio members, and eight elective members from among the following classes of the members and beneficiaries of such fund: One member to be elected from among the inspectors, captains, and lieutenants of both police and detectives, one member to be elected from among the sergeants and detectives, two members to be elected from among the beneficiaries of the fund, and four members to be elected from among the active members of the fund, who are of the rank and file and not classified in any of the foregoing groups.
The first board of managers, the members of which shall hold office until the first day of February, one thousand nine hundred and thirty-six, shall consist of those persons, who at the effective date of this act, shall be the members of the board of directors or managers of the organization or association, which is designated as the official and authorized organization or association to hold, receive, and distribute the funds, for the purpose of pensioning the police officers of said cities of the second class under the provisions of the act of Assembly of April fifth, one thousand nine hundred and seventeen (Pamphlet Laws, thirty-nine).
The board is hereby authorized to make and establish such rules and regulations for the care, management and operation of the fund, created by this act, as shall not be inconsistent with the provisions of this act.
53 P.S. § 23646