Alabama § 45-37-123.24 - Appointment of Advisers and Allocation of Responsibilities.

§ 45-37-123.24. Appointment of Advisers and Allocation of Responsibilities.

The pension board may allocate responsibilities among the members of the pension board or may delegate responsibilities to third parties, or both. The pension board may employ, appoint, or contract with additional employees, administrators, managers, counsel, specialists, advisers, agents, including nonfiduciary agents, and other individuals as the pension board or the trustee deems necessary or desirable in connection with the administration of the plan including, but not limited to, agents and advisers to assist with the administration and management of the plan, and thereby to provide, among such other duties as the pension board may appoint, assistance with maintaining plan records and the providing of investment information to the plan’s investment fiduciaries, and none of those individuals shall be subject to the Personnel Board of Jefferson County.