The Pension Board shall establish rules for the administration of the plan and the transaction of its business. Except as herein otherwise expressly provided, the Pension Board shall have the right to interpret the plan and to decide any matters arising thereunder in the connection with the administration of the plan. The Pension Board shall maintain accounts showing the fiscal transactions of the plan, and in connection therewith shall require the trustees to submit any necessary reports, and shall keep in convenient form such data as may be necessary for the determination of the assets and liabilities of the plan and giving a brief account of the operation of the plan for the past year. Such reports shall be filed in the office of the Secretary of the Pension Board where it shall be open to inspection by any participant of the plan. |