Sec. 4. (a) The board shall adopt a resolution providing that the corporation‘s employees who are eligible to participate in the public employees’ retirement fund under the eligibility requirements set forth in IC 5-10.2 and IC 5-10.3 shall participate in the fund.

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Terms Used In Indiana Code 4-37-5-4

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
     (b) The board shall adopt a resolution to allow the corporation’s employees to participate in group insurance and other benefit plans, including the state employees’ deferred compensation plan, that are available to state employees.

As added by P.L.167-2011, SEC.1.

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