Indiana Code 5-10.3-3-7.1. Annual analysis of fund

Sec. 7.1. The board shall annually analyze for internal control purposes the fund‘s;

(1) income and expenditures;

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Board: as used in this article means the board of trustees of the Indiana public retirement system established by Indiana Code 5-10.3-1-1
Fund: as used in this article means the public employees' retirement fund. See Indiana Code 5-10.3-1-3

(2) actuarial condition;

(3) reserve accounts;

(4) investments; and

(5) such other data as necessary to interpret the fund’s condition and the board’s administration of the fund.

As added by Acts 1979, P.L.17, SEC.7.