Texas Vernon’s Civil Statutes
Sec. § 3.02
Professional Consultants


In addition to the authority of the board to employ the services of certain consultants set forth in this article, the board has the authority to employ the services of any professional consultant recommended by the executive director, including investment advisors and investment managers, whenever the services of the consultants are considered necessary or desirable and in the best interests of the pension system, as determined by the board in consultation with the executive director. A professional consultant shall receive such compensation as may be determined by the board in accordance with Section 4.01 of this article.

(1)

one council member designated by the city council;

(2)

the city manager or the city managers designee;

(3)

the director of finance or the directors designee;

(4)

five police officer members elected by the police officer members of the system, each of whom serves for a term of four years;

(5)

one legally qualified voter of the city, resident for the preceding five years, to be appointed by the police retirement board to serve for a term of four years and until the members successor is duly selected and qualified; and

(6)

two retired members to be elected by the retired members to serve for a term of four years, with the term of one member expiring each odd-numbered year.

(b)

The terms of two members elected as described by Subsection (a)(4) of this section expire in 2001 and every fourth subsequent year, and the terms of three members elected as described by Subsection (a)(4) of this section expire in 2003 and every fourth subsequent year.

(c)

A vacancy occurring by the death, resignation, or removal of the member appointed under Subsection (a)(5) of this section shall be filled by appointment by the remaining members of the police retirement board.

(b)

The board shall give notice to persons asking for membership in the fund or for a benefit to appear before the board and offer sworn evidence.

(c)

Any contributing member of the fund who is in good standing in the fire or police department may:

(1)

appear in person or by attorney to contest the application for membership participation in the fund or for an annuity or benefit by any person claiming to be entitled to an annuity or benefit, either as a member, beneficiary, or alternate payee; and

(2)

offer supporting testimony.

(d)

The presiding officer of the board may issue process for witnesses, administer oaths to those witnesses, and examine any witness in any manner affecting retirement or a benefit under this Act. The process for witnesses may be served on any member of the fire or police department or any other person the board considers to be an appropriate person. On the failure of any witness to attend and testify, that person may be compelled to attend and testify as in any judicial proceeding.

(e)

A persons failure to give truthful information to the board in an application or in testimony at a hearing may result in a referral for criminal investigation.

(1)

contract with the board, as described in Section 3.01(b) of this Act;

(2)

provide services through a subcontractor in a contract under Section 3.01(b) of this Act;

(3)

take any action necessary to ensure that contributions to the fund and benefits received from the fund are exempt from federal taxes and excluded from a beneficiarys taxable income; and

(4)

control the internal functions of the municipality relating to the municipalitys interactions with or activities on behalf of the fund.
Sec. 3.03. Repealed by Acts 1999, 76th Leg., ch. 52, Sec. 24(b), eff. Oct. 1, 1999.

(b)

At the initial election of directors, the candidate receiving the highest number of votes from a commissioner precinct is the director for that precinct, and the three candidates receiving the highest number of votes from the district at large are the directors for the district at large. If two or more persons tie for the third-highest vote, the Commissioners Court of Gaines County shall select the third member from those trying for the place.

(c)

The candidates elected from the odd-numbered precincts and the two candidates elected from the district at large who receive the highest number of votes at the initial election serve for a term of two years. The candidates elected from the even-numbered precincts and the candidate elected from the district at large who receives the third-highest number of votes at that election serve for a term of one year.

(d)

After the initial election of directors, an election shall be held on the first Saturday in May each year and the appropriate number of successor directors shall be elected for two-year terms.
Source
Last accessed
Oct. 23, 2019