Indiana Code 5-10.2-12-2. Uses of money in a supplemental allowance reserve account
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 5-10.2-12-2
- Board: as used in this article , means the board of trustees of the Indiana public retirement system established by Indiana Code 5-10.2-1-1
- Fund: as used in this article means the Indiana state teachers' retirement fund and the public employees' retirement fund. See Indiana Code 5-10.2-1-2
Sec. 2. All amounts in a supplemental allowance reserve account of a fund or plan are available to the board to pay a postretirement benefit increase, thirteenth check, or other benefit change or adjustment granted by the general assembly after June 30, 2018, to members of or participants in that fund or plan.
As added by P.L.127-2018, SEC.9.