The Local Pension Board is responsible for deciding all questions of eligibility and service credits, and determining the amount, manner and time of payment of any benefits under the Plan. The PSPRS Board of Trustees cannot pay any benefits under the Plan without the direction and approval of the Local Pension Board.

The Board must hold at least two meetings per year. Pension Board meetings are not held on a preset schedule, but rather as events arise requiring board decisions. These decisions include items such as adding new members, transfers, retirements and pending retirements.