51.1-808 - Powers, authority, and duties of board. - Virginia Statutes

§ 51.1-808. Powers, authority, and duties of board.

The general powers, authority, and duties of any police officers' pension andretirement board shall be as follows:

1. To adopt bylaws and regulations which the board deems necessary to conductits affairs;

2. To provide for appropriate clerical, legal, medical, and other servicesand to pay reasonable compensation for such services;

3. To require deductions from the salaries of active and paid members of thepolice department and to pay certain percentages of salaries, as hereinafterspecified, into the treasury of the board to raise funds for the necessarypurposes of the board in the administration of its affairs;

4. To draw warrants on the treasurer of the board, for the payment ofpensions, benefits, and administrative costs. Warrants shall be signed in thename of the board and countersigned by its president; and

5. Upon request by the policemen's pension and retirement board, thegoverning body of the county may by ordinance amend the retirement plan andtrust at any time for the purpose of defining, enlarging and improving thebenefits that any member thereof may receive and shall by ordinance amend theretirement plan and trust at any time for the purpose of compliance withfederal or state law.

(1940, p. 738; Michie Code 1942, § 3035e; Code 1950, § 51-116; 1990, c. 832;1994, c. 523.)