Sec. 5. At least annually the state board shall report in writing to each affected unit of local government the following information:

(1) The projected pension payments for the next twenty (20) years.

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

  • 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
  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
(2) The present value of the total future projected pension payments.

[Pre-Local Government Recodification Citation: 19-1-37.3-4 part.]

As added by Acts 1980, P.L.8, SEC.45. Amended by P.L.47-1985, SEC.7; P.L.26-1996, SEC.5.