§ 5-10.3-1-1 “Board”
§ 5-10.3-1-2 “Employer”
§ 5-10.3-1-2.5 “Director”
§ 5-10.3-1-3 “Fund”
§ 5-10.3-1-4 “Governing body”
§ 5-10.3-1-5 “Member”
§ 5-10.3-1-6 “Political subdivision”
§ 5-10.3-1-8 Gender; number
§ 5-10.3-1-9 “Member’s contribution”
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Terms Used In Indiana Code > Title 5 > Article 10.3 > Chapter 1 - Definitions

  • 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
  • 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.
  • director: refers to the director of the Indiana public retirement system established by Indiana Code 5-10.3-1-2.5
  • Employer: as used in this article means the state for employees of the state and a political subdivision for its employees. See Indiana Code 5-10.3-1-2
  • Fund: as used in this article means the public employees' retirement fund. See Indiana Code 5-10.3-1-3
  • Member: as used in this article means persons qualifying for membership under Indiana Code 5-10.3-1-5
  • Political subdivision: as used in this article means a county, city, town, township, political body corporate, public school corporation, public library, public utility of a county, city, town, township, and any department of, or associated with, a county, city, town, or township, which department receives revenue independently of, or in addition to, funds obtained from taxation. See Indiana Code 5-10.3-1-6
  • Property: includes personal and real property. See Indiana Code 1-1-4-5