Sec. 2.02. COMPOSITION OF BOARD. (a) The board of trustees of the fund is composed of eight trustees as follows:

(1) the president of the municipality's police association or the president's designee, to serve during the president's term of office;

(2) two trustees designated by the city manager, to serve at the pleasure of the city manager;

(3) two trustees designated by the city council, each to serve a staggered three-year term; and

(4) three trustees elected by the members of the fund, each to serve a staggered three-year term.

(b) A trustee serves until a successor is selected and qualified. A vacancy occurring by death, resignation, or removal is filled in the same manner used to fill the position being vacated. A person appointed or elected to fill a position vacated by death, resignation, or removal serves the remainder of the term, if any, for the position being vacated, at which time the person may be reappointed or stand for election for a full term.