reglab/housing_qa huggingface dataset:
TX Civ Stat § 16 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243e.2(1). Firefighters' Relief and Retirement Fund in Municipalities of at Least 1,600,000 Population|Section 16. Service Credit for Members Previously Members of Similar Funds

Sec. 16. SERVICE CREDIT FOR MEMBERS PREVIOUSLY MEMBERS OF SIMILAR FUNDS.    (a)  A person who becomes a firefighter in a municipality to which this article applies may receive service credit for prior employment with the fully paid fire department of another municipality in this state with a similar fund benefiting only firefighters of that municipality to which the firefighter contributed if:(1)  the firefighter is under 36 years of age at the time of applying to the fund;(2)  the firefighter passes a physical examination;(3)  the firefighter pays into the fund an amount equal to the total contribution the firefighter would have made had the firefighter been employed by the municipality, at the municipality's pay scale, instead of the municipality by which the firefighter was previously employed, plus six percent interest, compounded annually;(4)  the firefighter applies for that credit not later than the 60th day after the date on which membership begins;  and(5)  the firefighter has moved directly into employment at the fire department from the fire department for which the prior service credit is sought, without any intervening employment or extended interruption.(b) A member may receive credit for prior service in more than one fire department under Subsection (a) of this section only if there have not been interruptions in employment and each preceding service meets the other requirements of Subsection (a) of this section.(c) The municipality to which the member has transferred shall pay an amount equal to the amount it would have paid had the member been employed by that municipality instead of the municipality by which the firefighter was previously employed, based on the municipality's pay scale, plus six percent interest, compounded annually.  Both the municipality's contribution and the member's contribution must be paid promptly on approval of the member's application for service credit.(d) A firefighter may not participate under this section in the fund of the municipality to which the firefighter has transferred until the firefighter has fully complied with this article and the municipality has complied with Subsection (c) of this section.(e) A firefighter eligible for prior service credit may participate in the fund, subject to the other requirements of this article, without obtaining that credit, and if the firefighter does not comply with the provisions and time limits of this section, the firefighter is ineligible for the credit.
TX Civ Stat § 1 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243e-3. Firemen's Death and Disability Benefits; Heart or Lung Disease|Section 1.

 Section 1. The Board of Trustees of any firemen's pension fund in any incorporated city or town in this State may, upon fulfilling requirements hereinafter stated, establish benefit eligibility for a fulltime employee who has been employed for as long as six (6) years, and thereafter becomes disabled or dies from heart or lung disease, based on a presumption that such death or disease was a consequence of his duties as a fireman, if the fireman shall have successfully passed a physical examination prior to the claimed disability or death, or upon entering upon his employment as a fireman, and the examination failed to reveal any evidence of the condition or disease of the lungs, hypertension or heart disease.
TX Civ Stat § 2 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243e-3. Firemen's Death and Disability Benefits; Heart or Lung Disease|Section 2.

Sec. 2. Before any such Board shall adopt as part of its plan for retirement benefits the presumption, together with qualifications, set forth in Section 1 hereof, it shall take the following preliminary step(s):(a) Obtain an actuarial study showing how the proposed change in benefit eligibility standards will affect the financial condition of the fund.(b) In the event that such actuarial study shows that inclusion of the proposed change in benefit eligibility standards will not make the fund financially unsound, then said Board shall, within thirty days after receipt of such actuarial study, hold an election in which the active participants contributing to the fund shall vote on the question of whether such benefit eligibility standard should be instituted, said Board being bound by the results of such election.|Acts 1971, 62nd Leg., p. 2392, ch. 747, eff. Aug. 30, 1971.|
TX Civ Stat § 1 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243f-1. Involuntary Retirement of Fire Fighters in Cities of 400,000 to 450,000; Age; Disability|Section 1.

Sec. 1.  No member of a fire department in any city or town in this state having a population of not less than 700,000 nor more than 750,000 shall be involuntarily retired prior to reaching the mandatory retirement age set for such cities' employees unless he is physically unable to perform his duties. In the event he is physically unable to perform his duties, he shall be allowed to use all of his accumulated sick leave, before retirement.
TX Civ Stat § 2 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243f-1. Involuntary Retirement of Fire Fighters in Cities of 400,000 to 450,000; Age; Disability|Section 2.

Sec. 2. As used in this Act, "the last preceding federal census" means the 1970 census or any future decennial federal census.  This is despite any legislation that has been or may be enacted during any session of the 62nd Legislature delaying the effectiveness of the 1970 census for general State and local governmental purposes.|Acts 1971, 62nd Leg., p. 863, ch. 103, eff. April 30, 1971.  Amended by Acts 1981, 67th Leg., p. 593, ch. 237, Sec. 125, eff. Sept. 1, 1981;  Acts 1991, 72nd Leg., ch. 597, Sec. 49, eff. Sept. 1, 1991;  Acts 2001, 77th Leg., ch. 669, Sec. 167, eff. Sept. 1, 2001.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1163 (H.B. 2702), Sec. 193, eff. September 1, 2011.|
TX Civ Stat § 1 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 1. Purpose

Sec. 1.  PURPOSE.  The purpose of this article is to restate and amend the provisions of former law creating and governing a police officers pension system in each city in this state having a population of two million or more, according to the most recent federal decennial census, and to reflect changes agreed to by the city and the board of trustees of the pension system under Section 27 of this article.  The pension system shall continue to operate regardless of whether the city's population falls below two million.
TX Civ Stat § 1A (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 1A. Interpretation of Article

Sec. 1A.  INTERPRETATION OF ARTICLE.  This article does not and may not be interpreted to: (1)  relieve the city, the board, or the pension system of their respective obligations under Sections 9 through 9E of this article;(2)  reduce or modify the rights of the city, the board, or the pension system, including any officer or employee of the city, board, or pension system, to enforce obligations described by Subdivision (1) of this section;(3)  relieve the city, including any official or employee of the city, from:(A)  paying or directing to pay required contributions to the pension system under Section 8 or 9 of this article or carrying out the provisions of Sections 9 through 9E of this article; or(B)  reducing or modifying the rights of the board and any officer or employee of the board or pension system to enforce obligations described by Subdivision (1) of this section;(4)  relieve the pension system or board, including any officer or employee of the pension system or board, from any obligation to implement a benefit change or carry out the provisions of Sections 9 through 9E of this article; or(5)  reduce or modify the rights of the city and any officer or employee of the city to enforce an obligation described by Subdivision (4) of this section.
TX Civ Stat § 2A (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 2A. Fiscal Year

Sec. 2A.  FISCAL YEAR.  If either the pension system or the city changes its respective fiscal year, the pension system and the city shall enter into a written agreement under Section 27 of this article to adjust the provisions of Sections 9 through 9E of this article to reflect that change for purposes of this article.
TX Civ Stat § 2B (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 2B. Alternative Retirement Plans

Sec. 2B.  ALTERNATIVE RETIREMENT PLANS.  (a) In this section, "salary-based benefit plan" means a retirement plan provided by the pension system under this article that provides member benefits calculated in accordance with a formula that is based on multiple factors, one of which is the member's salary at the time of the member's retirement.(b)  Notwithstanding any other law, including Section 9F of this article, and except as provided by Subsection (c) of this section, the board and the city may enter into a written agreement under Section 27 of this article to offer an alternative retirement plan or plans, including a cash balance retirement plan or plans, if both parties consider it appropriate.(c)  Notwithstanding any other law, including Section 9F of this article, and except as provided by Subsection (d) of this section, if, beginning with the final risk sharing valuation study prepared under Section 9A of this article on or after July 1, 2021, either the funded ratio of the pension system is less than 65 percent as determined in the final risk sharing valuation study without making any adjustments under Section 9D or 9E of this article, or the funded ratio of the pension system is less than 65 percent as determined in a revised and restated risk sharing valuation study prepared under Section 9A(a)(7) of this article, the board and the city shall, as soon as practicable but not later than the 60th day after the date the determination is made:(1)  enter into a written agreement under Section 27 of this article to establish a cash balance retirement plan that complies with Section 2C of this article; and(2)  require each employee first hired by the city on or after the 90th day after the date the cash balance retirement plan is established to participate in the cash balance retirement plan established under this subsection instead of participating in the salary-based benefit plan, provided the employee would have otherwise been eligible to participate in the salary-based benefit plan.(d)  If the city fails to deliver the proceeds of the pension obligation bonds described by Section 9B(j)(1) of this article within the time prescribed by that subdivision, notwithstanding the funded ratio of the pension system, the board and the city may not establish a cash balance retirement plan under Subsection (c) of this section.
TX Civ Stat § 2D (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 2D. Conflict of Law

Sec. 2D.  CONFLICT OF LAW.  To the extent of a conflict between this article and any other law, this article prevails.
TX Civ Stat § 4 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 4. Board Member Leave and Compensation

Sec. 4.  BOARD MEMBER LEAVE AND COMPENSATION.  (a)  The city shall allow active members who are trustees to promptly attend all board and committee meetings.  The city shall allow trustees the time required to travel to and attend educational workshops and legislative hearings and to attend to other pension system business, including meetings regarding proposed amendments to this article, if attendance is consistent with a trustee's duty to the board.(b)  The board, by an affirmative vote of at least four board members, may elect to reimburse board members who are not employees of the city for their time while attending to official business of the pension system.  The amount of any reimbursement may not exceed $750 a month for each affected board member.
TX Civ Stat § 5 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 5. Officers; Meetings; Employees

Sec. 5. OFFICERS;  MEETINGS;  EMPLOYEES.    (a)  The board annually shall elect from its active and retired membership a chairman.  The board also annually shall elect from its membership a vice chairman and a secretary.(b) The board may hire one or more employees whose positions and salaries shall be set by the board and who, acting under the direction of the board, shall keep all of the records of and perform all of the clerical services for the pension system.(b-1) The board may hire an executive director.  The executive director, acting under the direction of the board, shall handle the operations of the plan and shall perform other duties as the board may assign.  The executive director shall also serve as the plan administrator for purposes of complying with Subchapter A, Chapter 804, Government Code. (c) The board may employ professional investment managers and advisors to manage, or advise the board regarding the management and investment of, the fund.  These professional services may include investment counseling, evaluation of fund performance, investment research, and other comparable services.(d) The board may employ one or more actuaries, legal counsel, accountants, or other professionals and pay the compensation for these services from the fund.(e) The board shall hold regular monthly meetings at the time and place it designates by resolution.  The chairman, secretary, or any four board members may call a special meeting of the board.(f) Each board member is entitled to one vote.(g) Notice shall be given to all board members, unless waived in writing, of any proposed meeting, by any method reasonably calculated to provide adequate notice of the meeting.  The notice may be delivered by mail, in-hand personal delivery, or facsimile or other electronically transmitted notice with recordation of receipt by the receiving board member.  If all board members attend a meeting, however, failure to give notice as required by this subsection is excused.(h) The board shall keep accurate minutes of its meetings and records of its proceedings.
TX Civ Stat § 5A (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 5A. Qualifications of City Actuary

Sec. 5A.  QUALIFICATIONS OF CITY ACTUARY.  (a)  An actuary hired by the city for purposes of this article must be an actuary from a professional service firm who:(1)  is not already engaged by the pension system or any other fund or pension system authorized under Article 6243e.2(1), Revised Statutes, or Chapter 88 (H.B. 1573), Acts of the 77th Legislature, Regular Session, 2001 (Article 6243h, Vernon's Texas Civil Statutes), to provide actuarial services to the pension system or other fund or pension system, as applicable;(2)  has a minimum of 10 years of professional actuarial experience; and(3)  is a member of the American Academy of Actuaries or a fellow of the Society of Actuaries and meets the applicable requirements to issue statements of actuarial opinion.(b)  Notwithstanding Subsection (a) of this section, the city actuary must at least meet the qualifications required by the board for the pension system actuary.  The city actuary is not required to have greater qualifications than those of the pension system actuary.
TX Civ Stat § 5B (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 5B. Liability of Certain Persons

Sec. 5B.  LIABILITY OF CERTAIN PERSONS.  (a)  The trustees, executive director, and employees of the pension system are fully protected from and free of liability for any action taken or suffered by them that were performed in good faith and in reliance on an actuary, accountant, counsel, or other professional service provider, or in reliance on records provided by the city.(b)  The officers and employees of the city are fully protected and free of liability for any action taken or suffered by the officer or employee, as applicable, in good faith and on reliance on an actuary, accountant, counsel, or other professional service provider.(c)  The protection from liability provided by this section is cumulative of and in addition to any other constitutional, statutory, or common law official or governmental immunity, defense, and civil or procedural protection provided to the city or pension system as a governmental entity and to a city or pension system official or employee as an official or employee of a governmental entity.  Except for a waiver expressly provided by this article, this article does not grant an implied waiver of any immunity.
TX Civ Stat § 8 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 8. Contributions by Members

Sec. 8. CONTRIBUTIONS BY MEMBERS.    (a)  Subject to adjustments authorized by Section 9D or 9E of this article, each active member of the pension system shall pay into the system each month 10.5 percent of the member's pay.  The payments shall be deducted by the city from the salary of each active member each payroll period and paid to the pension system.  Except for the repayment of withdrawn contributions under Section 17(f) of this article and rollovers permitted by Section 17(h) of this article, a person may not be required or permitted to make any payments into the pension system after the person separates from service.(b)  Repealed by Acts 2017, 85th Leg., R.S., Ch. 320 (S.B. 2190), Sec. 2.32, eff. July 1, 2017.
TX Civ Stat § 9F (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 9F. Unilateral Decisions and Actions Prohibited

Sec. 9F.  UNILATERAL DECISIONS AND ACTIONS PROHIBITED.  (a)  Notwithstanding Section 6(f) or 5B of this article, the board may not change, terminate, or modify Sections 9 through 9E of this article.(b)  No unilateral decision or action by the board is binding on the city and no unilateral decision or action by the city is binding on the pension system with respect to the application of Sections 9 through 9E of this article unless expressly provided by a provision of those sections.  Nothing in this subsection is intended to limit the powers or authority of the board.
TX Civ Stat § 9G (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 9G. State Pension Review Board; Report

Sec. 9G.  STATE PENSION REVIEW BOARD; REPORT.  (a)  After preparing a final risk sharing valuation study under Section 9A or 9B of this article, the pension system and the city shall jointly submit a copy of the study or studies, as appropriate, to the State Pension Review Board for a determination that the pension system and city are in compliance with this article.(b)  Not later than the 30th day after the date an action is taken under Section 9D or 9E of this article, the pension system shall submit a report to the State Pension Review Board regarding any actions taken under those sections.(c)  The State Pension Review Board shall notify the governor, the lieutenant governor, the speaker of the house of representatives, and the legislative committees having principal jurisdiction over legislation governing public retirement systems if the State Pension Review Board determines the pension system or the city is not in compliance with Sections 9 through 9F of this article.
TX Civ Stat § 10 (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 10. Investment of Surplus

Sec. 10. INVESTMENT OF SURPLUS.    (a)  If the board determines that a surplus of funds exists in an amount exceeding the current demands upon the pension system, the board shall invest the surplus funds in the manner provided for by Chapter 802, Government Code.(b) The board may select an investment manager or investment advisor if the board determines the service is desirable.  Selection of managers or advisors must be made from firms that have made presentations in person or in writing to the board.(c) The board may terminate a contract with an investment advisor at any time.  The board may terminate a contract with an investment manager on notice the board considers appropriate.  A contract may not require the pension system to pay a penalty for early termination.  The costs of investment management or advisory services shall be paid from the fund.
TX Civ Stat § 10A (2021)
2021 Texas Statutes|Vernon's Civil Statutes|Title 109 - Pensions|Article 6243g-4. Police Officers Pension System in Certain Municipalities|Section 10A. Report on Investments by Independent Investment Consultant

Sec. 10A.  REPORT ON INVESTMENTS BY INDEPENDENT INVESTMENT CONSULTANT.  (a)  At least once every three years, the board shall hire an independent investment consultant, including an independent investment consulting firm, to conduct a review of pension system investments and submit a report to the board and the city concerning that review.  The independent investment consultant shall review and report on at least the following:(1)  the pension system's compliance with its investment policy statement, ethics policies, including policies concerning the acceptance of gifts, and policies concerning insider trading;(2)  the pension system's asset allocation, including a review and discussion of the various risks, objectives, and expected future cash flows;(3)  the pension system's portfolio structure, including the system's need for liquidity, cash income, real return, and inflation protection and the active, passive, or index approaches for different portions of the portfolio;(4)  investment manager performance reviews and an evaluation of the processes used to retain and evaluate managers;(5)  benchmarks used for each asset class and individual manager;(6)  evaluation of fees and trading costs;(7)  evaluation of any leverage, foreign exchange, or other hedging transaction; and(8)  an evaluation of investment-related disclosures in the pension system's annual reports.(b)  When the board retains an independent investment consultant under this section, the pension system may require the consultant to agree in writing to maintain the confidentiality of:(1)  information provided to the consultant that is reasonably necessary to conduct a review under this section; and(2)  any nonpublic information provided for the pension system for the review.(c)  The costs for the investment report required by this section must be paid from the fund.