(a) The governing body of a political subdivision associated with a former participating department may delegate the duties required by such governing body under §864.010, Texas Government Code, to the executive director by providing a written request to delegate such duties to the executive director.
(b) In the event the governing body of the political subdivision associated with a participating department that discontinues its participation in the pension system or ceases to exist fails to perform the duties required by such governing body under §864.010, Texas Government Code, for a period of 12 months or more and does not otherwise elect to delegate its duties to the executive director pursuant to subsection (a) of this section, the governing body of the political subdivision will be deemed to have designated its duties to the executive director, and the executive director is authorized by the state board to perform the duties of such governing body.
(c) A one-time administrative penalty of $2,500 is imposed on the governing body of the political subdivision associated with the department that delegates its duties, or whose duties are delegated, in accordance with this section.
(d) The participating department head, if any, or the governing body of the political subdivision shall provide the executive director with any information that is requested by the executive director in order to carry out the duties delegated to the executive director under this section, including, without limitation, copies of all membership records for members and retirees and the minutes of all local board meetings.
Source Note: The provisions of this §310.14 adopted to be effective July 5, 2020, 45 TexReg 4528