Indiana Code 21-32-3.5-1. “Retirement liabilities”
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Terms Used In Indiana Code 21-32-3.5-1
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Sec. 1. As used in this chapter, “retirement liabilities” means the payments to be made to a fund or funds administered by the board of trustees of the Indiana public retirement system for liabilities of a state educational institution resulting from a withdrawal from such a fund or a freezing of participation under such fund under IC 5-10.2-2-20 and IC 5-10.2-2-21.
As added by P.L.213-2015, SEC.241.