Indiana Code > Title 5 > Article 10.3 > Chapter 9 – Administration of Other Retirement Plans
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Terms Used In Indiana Code > Title 5 > Article 10.3 > Chapter 9 - Administration of Other Retirement Plans
- 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
- 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
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- 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
- Trustee: A person or institution holding and administering property in trust.