The pension board shall have the authority to direct the payment from its funds, reasonable
fees for legal counsel, agents and expert assistants engaged to manage funds, medical
examinations of disabled applicants, fees of actuaries or firm of actuaries, employed
by them and all other necessary operating expenses incurred by the pension board.
Payments to board members or affiliates of board members for services rendered and
payment or reimbursement of travel and lodging expenses for board members are prohibited.
