reglab/housing_qa huggingface dataset:
TX Civ Stat § 3.02 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.02. Composition of Board; Trustee Qualifications

Sec. 3.02.  COMPOSITION OF BOARD; TRUSTEE QUALIFICATIONS.  (a)  The police retirement board shall be composed of 11 members as follows:(1)  one council member designated by the city council;(2)  the city manager or the city manager's designee;(3)  the director of finance or the director's designee;(4)  four 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, who is a resident and has been a resident for the preceding five years, is not an employee of the city or a member of the system, and has demonstrated experience in the field of finance or investments, to be appointed by the police retirement board to serve for a term of four years and until the member's successor is duly selected and qualified;(6)  one legally qualified voter of the city, who is a resident and has been a resident for the preceding five years, is not an employee of the city or a member of the system, and has demonstrated  experience in the field of finance or investments, to be appointed by the city council to serve for a term of four years and until the member's successor is duly selected and qualified; and(7)  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 2023 and every fourth subsequent year, and the terms of two members elected as described by Subsection (a)(4) of this section expire in 2025 and every fourth subsequent year.(b-1)  A member of the police retirement board appointed under Subsection (a)(5) or (a)(6) of this section must:(1)  have, at the time of taking office, the qualifications required for the trustee's position; and(2)  maintain during service on the board the qualifications required for the trustee's position.(c)  A vacancy occurring by the death, resignation, or removal of the member appointed under:(1)  Subsection (a)(5) of this section shall be filled by appointment by the remaining members of the police retirement board; and(2)  Subsection (a)(6) of this section shall be filled by appointment by the city council.
TX Civ Stat § 3.03 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.03. Police Officer and Retired Members of Board

Sec. 3.03. POLICE OFFICER AND RETIRED MEMBERS OF BOARD.    (a)  The police officer members of the board shall be elected and shall serve in accordance with Subsections (b)-(e) of this section. (b) Any police officer member is eligible to run in the election for a position on the board.(c) Members shall serve during the term for which they are elected and until their successors are elected and qualified, unless they are removed or their active service as police officers with the city is terminated for any reason other than service retirement.  If a police officer member should elect service retirement under Article VI of this Act while serving the term for which the member is elected, the member shall continue to serve for the remainder of the term.(d) A vacancy occurring by reason of removal, resignation, death, or any other reason shall be filled for the remainder of the term by a police officer member appointed by the remaining members of the police retirement board.(e) Elections for police officer members shall be held on the first payday in December of each odd-numbered year.  The police officers receiving the highest number of votes are elected.  In case of a tie vote, selection shall be by lot.(f) The retired members of the board shall be elected and shall serve in accordance with Subsections (g)-(j) of this section.(g) Any retired member is eligible to run in the election for a position on the board.(h) Retired members shall serve during the term for which they are elected and until their successors are elected and qualified.(i) A vacancy occurring by reason of removal, resignation, or death shall be filled for the remainder of the term by a retired member appointed by the vote of a majority of the remaining members of the police retirement board.(j) An election for retired members shall be held during the first week in December of each odd-numbered year.  The retired member receiving the highest number of votes in an election is elected.  In case of a tie vote, selection shall be by lot.(k) The police retirement board shall approve written procedures for the conduct of all elections under this Act and shall certify and announce the results of each election.
TX Civ Stat § 3.04 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.04. Oath; Compensation

Sec. 3.04. OATH;  COMPENSATION.    (a)  At the first regularly scheduled police retirement board meeting after appointment and election, each member of the police retirement board shall take an oath of office that, so far as it devolves upon him, the member will diligently and honestly administer the affairs of the police retirement system and that the member will not knowingly violate or willingly permit to be violated any of the provisions of this Act applicable to the police retirement system.(b) All members of the board shall serve without compensation.
TX Civ Stat § 3.05 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.05. Chair; Vice-Chair

Sec. 3.05. CHAIR;  VICE-CHAIR.    (a)  The board shall elect from its membership a chair and a vice-chair to serve two years.(b) The board shall appoint a pension officer.  The pension officer shall appoint other necessary staff members with approval of the board.  The pension officer, acting under the direction of the board, shall keep all of the records of the police retirement system and a record of the proceedings of the board.  The pension officer and other employees of the system shall receive such compensation as the board may fix in each annual budget or amendments thereto.
TX Civ Stat § 3.06 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.06. Rules; Quorum; Removal

Sec. 3.06. RULES;  QUORUM;  REMOVAL.    (a)  Subject to the limitations of this Act, the police retirement board shall from time to time establish rules and regulations for the administration of the police retirement system authorized to be created by this Act and for the transaction of the board's business.(b) Each member of the board shall be entitled to one vote.  Six members shall constitute a quorum.  A majority vote of members attending a meeting shall be necessary for a decision of the board.(c) Any member who is absent from five consecutive board meetings shall be removed from the board, and the member shall be replaced in accordance with Section 3.02 of this Act.
TX Civ Stat § 3.07 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.07. Board Records

Sec. 3.07. BOARD RECORDS.  The board shall keep or cause to be kept in convenient form data necessary for actuarial valuation of various funds of the police retirement system and for checking the experience of the system.  The board shall keep a record of all its proceedings, which shall be open to public inspection, and shall publish annually a report showing the fiscal transactions of the police retirement system for the preceding year and the amount of its accumulated cash and securities as disclosed by the most recent actuarial valuation of assets and liabilities.
TX Civ Stat § 3.08 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.08. Administration of Police Retirement System

Sec. 3.08. ADMINISTRATION OF POLICE RETIREMENT SYSTEM.    (a)  The board shall have charge of and administer the police retirement system and shall order payments therefrom under the provisions of this Act.(b) The board shall obtain from the city all records necessary to administer the system.  Individual accounts shall be maintained with each member of the police retirement system, showing the amount of the member's accumulated deposits as provided under the system.  Annually a statement shall be given each member showing the total accumulation of the member's credit.(c) The board shall engage and employ a certified public accountant or firm of certified public accountants to perform an audit of the accounts of the board and the police retirement system at least annually.
TX Civ Stat § 3.09 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.09. Actuary; Duties

Sec. 3.09. ACTUARY;  DUTIES.    (a)  The police retirement board shall designate an actuary that shall be the technical advisor to the board regarding the funds authorized by provisions of this Act and shall perform such other duties as may be required in connection therewith.  As soon as practicable after the establishment of the police retirement system, the actuary shall recommend for adoption by the board tables and rates required by the system.  The board shall adopt the tables and rates and as soon as practicable thereafter the actuary shall make a valuation, based on the tables and rates, of the assets and liabilities of the system.(b)  From time to time on the advice of the actuary and at the direction of the board and as provided by Section 3.091 of this Act, the actuary shall make an actuarial investigation of the mortality, service, and compensation experience of members, retired members, and beneficiaries of the system and shall recommend for adoption by the board the tables and rates required by the system.  The board shall adopt the tables and rates to be used by the system.(c) The actuary shall make valuations of the assets and liabilities of the system based on tables and rates adopted by the board at least every two years.
TX Civ Stat § 3.10 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.10. Investment Managers

Sec. 3.10.  INVESTMENT MANAGERS.  The police retirement board may hire an investment manager or investment managers who shall have full authority to invest the assets and manage any portion of the portfolio of the system, as specified by the manager's contract.
TX Civ Stat § 3.11 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.11. Investment Consultant

Sec. 3.11. INVESTMENT CONSULTANT.  The board may hire an investment consultant to monitor the investment performance of the system's investment manager or managers and provide other investment advice requested by the board.
TX Civ Stat § 3.12 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.12. Legal Counsel

Sec. 3.12. LEGAL COUNSEL.  The board may retain legal counsel to advise, assist, or represent the board in any legal matters affecting the operation of the system. The board may litigate all matters for and on behalf of the police retirement system.
TX Civ Stat § 3.13 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.13. Reimbursement of Legal Expenses of Board Member or Employee of System

Sec. 3.13.  REIMBURSEMENT OF LEGAL EXPENSES OF BOARD MEMBER OR EMPLOYEE OF SYSTEM.  (a)  The board may:(1)  reimburse a board member or an employee of the police retirement system for liability imposed as damages because of an alleged act, error, or omission committed in the person's capacity as a fiduciary or co-fiduciary of assets of the system or as an employee of the system and for costs and expenses incurred by the person in defense of a claim of an alleged act, error, or omission; or(2)  purchase from an insurer authorized to engage in business in this state one or more insurance policies that provide for that reimbursement.(b)  The board may not provide reimbursement under this section, and may not purchase an insurance policy under this section that would provide reimbursement, of a board member or employee of the police retirement system for liability imposed or expenses incurred because of the person's personal dishonesty, fraudulent breach of trust, lack of good faith, intentional fraud or deception, or intentional failure to act prudently.(c)  The cost of reimbursement or an insurance policy purchased under this section shall be paid from the assets of the police retirement system.
TX Civ Stat § 3.14 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article III.|Section 3.14. Confidentiality of Information About Members, Retirees, Annuitants, or Beneficiaries

Sec. 3.14.  CONFIDENTIALITY OF INFORMATION ABOUT MEMBERS, RETIREES, ANNUITANTS, OR BENEFICIARIES.  (a)  Information contained in records that are in the custody of the police retirement system concerning an individual member, retiree, annuitant, or beneficiary is confidential under Section 552.101, Government Code, and may not be disclosed in a form identifiable with a specific individual unless:(1)  the information is disclosed to:(A)  the individual or the individual's attorney, guardian, executor, administrator, or conservator, or another person who the administrator of the police retirement system determines is acting in the interest of the individual or the individual's estate;(B)  a spouse or former spouse of the individual after the administrator of the police retirement system determines that the information is relevant to the spouse's or former spouse's interest in member accounts, benefits, or other amounts payable by the police retirement system;(C)  a governmental official or employee after the administrator of the police retirement system determines that disclosure of the requested information is reasonably necessary to the performance of the duties of the official or employee; or(D)  a person authorized by the individual in writing to receive the information; or(2)  the information is disclosed pursuant to a subpoena and the administrator of the police retirement system determines that the individual will have a reasonable opportunity to contest the subpoena.(b)  This section does not prevent the disclosure of the status or identity of an individual as a member, former member, retiree, deceased member or retiree, or beneficiary of the police retirement system.(c)  A determination and disclosure under Subsection (a) may be made without notice to the individual member, retiree, annuitant, or beneficiary.(d)  If a disclosure under Subsection (a) is a disclosure of protected health information by a covered entity, as those terms are defined by the privacy rule of the Administrative Simplification subtitle of the Health Insurance Portability and Accountability Act of 1996 (Pub. L. No. 104-191) contained in 45 C.F.R. Part 160 and 45 C.F.R. Part 164, Subparts A and E, the covered entity shall ensure that the authorization for the disclosure complies with all of the privacy rule's applicable requirements, standards, and implementation specifications relating to authorizations for uses and disclosures of protected health information.
TX Civ Stat § 5.01 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article V.|Section 5.01. Creditable Service

Sec. 5.01. CREDITABLE SERVICE.    (a)  The board shall determine by appropriate rules and regulations, subject to the provisions of this Act, in case of a member's absence, illness, or other temporary separation from service, the portion of each calendar year to be allowed as creditable service.(b) No credit shall be allowed as service for any period exceeding one month during which a member was absent continuously without pay, except as provided in Subsection (f) of Section 4.01 of this Act, with respect to uniformed service leave of absence;  as provided in Section 5.02 of this Act, with respect to military service performed prior to system membership;  or as provided in Section 5.03 of this Act, with respect to probationary service in excess of six months.(c) The board shall verify the records for service claims filed by the members of the police retirement system, in accordance with such administrative rules and regulations as the board may from time to time adopt.
TX Civ Stat § 5.03 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article V.|Section 5.03. Probationary Service Credit

Sec. 5.03. PROBATIONARY SERVICE CREDIT.    (a)  An eligible member or eligible surviving spouse may establish creditable service for probationary service performed as provided under this section according to the following conditions, limitations, and restrictions:(1)  Probationary service creditable in the system is any probationary service following the member's commission date or the member's first date of employment with the system for which the member does not have creditable service.(2)  An eligible member or eligible surviving spouse may establish creditable service under this section by contributing to the system a single payment equal to the contribution the member would have made to the system for that service at the time the service was performed and an interest charge based on the contribution amount to be repaid times an interest factor.  The interest factor is eight percent per year for the period that begins with the beginning of the month and year at the end of the probationary period for which creditable service is being established to the beginning of the month and year payment is made to the system for the purpose of establishing said service.(3)  After the eligible member or eligible surviving spouse makes the deposit required by Subdivision (2) of this subsection, the system shall grant the member one month of creditable service for each month of probationary service established under this section.(b) For purposes of this section, an eligible member is a police officer employed by the city who is not separated from active service.(c) For purposes of this section, an eligible surviving spouse is the surviving spouse of a member who was an eligible member immediately before the time of death if the member dies before making payment to the system of the amount required by this section.  An eligible surviving spouse may establish creditable service for probationary service not later than the date that is six months after the date of the member's death and only if the lump-sum death benefit described by Section 6.05(a) or 6.06(a)(3) of this Act is not paid.(d) The method of determining the amount of the required payment described by Subsection (a)(2) of this section may be changed if:(1) the effect of the change is disclosed by the board's actuary;(2) the change is adopted by the board as a board rule;  and(3) the change applies to all payments for establishing creditable service under this section made to the system after the effective date of the change.
TX Civ Stat § 6.01 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article VI.|Section 6.01. Service Retirement Benefits and Increases in Benefits

Sec. 6.01. SERVICE RETIREMENT BENEFITS AND INCREASES IN BENEFITS.  (a)  On retirement after having reached the member's normal retirement date, members entitled thereto shall receive a service retirement benefit in the form of a life annuity (modified cash refund).  Each monthly payment of the life annuity (modified cash refund) shall be equal to one-twelfth of:(1)  for a group A member, the product of 3.2 percent of a member's average final compensation multiplied by the number of months of creditable service; or(2)  for a group B member, the product of 2.5 percent of a member's average final compensation multiplied by the number of months of creditable service. (b) An annuity shall be considered as a life annuity (modified cash refund) with the first monthly payment due at the end of the month immediately following the member's retirement date, but the amounts of these and all other benefits payable under this Act shall be subject at all times to such adjustments as may be required to ensure actuarial soundness as may be approved by the actuary and adopted by the board, except that annuities already granted may not be reduced below the base retirement amount granted at time of retirement.(c)  Repealed by Acts 2021, 87th Leg., R.S., Ch. 738 (H.B. 4368), Sec. 16, eff. September 1, 2021.(d)  Repealed by Acts 2021, 87th Leg., R.S., Ch. 738 (H.B. 4368), Sec. 16, eff. September 1, 2021.(e)  Repealed by Acts 2021, 87th Leg., R.S., Ch. 738 (H.B. 4368), Sec. 16, eff. September 1, 2021.(f)  For purposes of this section, compensation of each noneligible member taken into account under this Act may not exceed the maximum amount allowed under Section 401(a)(17) of the Internal Revenue Code of 1986 (26 U.S.C. Section 401).  The limit prescribed by this subsection does not apply to an eligible member.  For purposes of this subsection, an eligible member is any individual who first became a member before January 1, 1996.  For purposes of this subsection, a noneligible member is any other member.
TX Civ Stat § 6.02 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000|Article VI.|Section 6.02. Eligibility for Service Retirement

Sec. 6.02. ELIGIBILITY FOR SERVICE RETIREMENT.    (a)  A group A member shall be eligible for service retirement if the member has attained the age of 55 years and completed at least 20 years of creditable service with the city, or has completed 23 years of creditable service, excluding any military service established under Section 5.02 of this Act.(a-1)  A group B member shall be eligible for service retirement if the member has attained the age of 50 years and completed at least 25 years of creditable service with the city, excluding any military service established under Section 5.02 of this Act.(b)  Repealed by Acts 2021, 87th Leg., R.S., Ch. 738 (H.B. 4368), Sec. 16, eff. September 1, 2021.(c) Any member, irrespective of the number of years of creditable service, shall be eligible for service retirement after attaining the age of 62 years.  No member shall be paid any benefits by the system so long as the member is employed by the city as a police officer or by the system as an employee of the system's administrative staff.