The Board of Trustees, in addition to other powers contained in this subchapter, shall have power to:
(A) Compel attendance of witnesses and administer oaths;
(B) Provide for payment of all necessary expenses, including actuarial and necessary services, provided that no compensation shall be made to the members of the Board;
(C) Formulate rules and regulations needed for its guidance in conformity with the provisions of this subchapter; and
(D) Receive and administer, in accordance with the provisions of this subchapter, any gifts or donations to the retirement system.
(Prior Code, § 30.077)