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Terms Used In Indiana Code 5-10.3-11-1

  • 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
   Sec. 1. There is created within the public employees’ retirement fund a separate account known as the pension relief fund. This fund is administered by the board of trustees of the Indiana public retirement system, referred to as the “state board” in this chapter. The pension relief fund consists of revenues received under IC 6-7-1-28.1(3), IC 7.1-4-12-1, any appropriations to the fund, and earnings on these revenues.

[Pre-Local Government Recodification Citation: 19-1-37.3-1.]

As added by Acts 1980, P.L.8, SEC.45. Amended by P.L.26-1996, SEC.3; P.L.23-2011, SEC.20; P.L.201-2023, SEC.81.