Sec. 9. INVESTMENT OF SURPLUS. Whenever in the opinion of the said Pension Board there is on hand in said Pension System Fund a surplus over and above a reasonably safe amount to take care of current demands upon such funds, such surplus, or so much thereof as in the judgment of the said Pension Board is deemed proper, may be invested in bonds or other interest bearing obligations and securities of the United States, the State of Texas or any city or any county.
Structure Texas Statutes
Article 6243j. Police Officers' Pension System in Cities of 50,000 to 400,000
Section 6. Payments by Members
Section 7. Payments Into Fund by City
Section 8. Depletion of Fund; Reduction of Benefits
Section 9. Investment of Surplus
Section 10. Transfer of Pro Rata Share of Existing Fund
Section 11. Retirement Pension
Section 12. Pensions to Widow and Dependents
Section 13. Death From Natural Causes or Causes Not Covered
Section 14. Retirement for Disability
Section 15. Computation of Period of Service
Section 16. Leaving Employment Before Becoming Eligible
Section 17. Transfers From Other City Departments
Section 18. Gifts and Donations
Section 20. Exemption From Legal Process; Assignment or Transfer
Section 23. Partial Invalidity
Section 24. Former Employees Now Receiving Pension