§ 10-12-2-12 — Report on stress test or risk assessment

Indiana § 10-12-2-12

• Jurisdiction: Indiana
• Title 10: PUBLIC SAFETY
• Art. 12: STATE POLICE PENSIONS AND BENEFITS
• Ch. 2: Pension, Death, Disability, Survivor, and Other Benefits

Text

If during a state fiscal year beginning after
June 30, 2018, the trustee or the pension consultants perform a stress
test or a risk assessment on the trust fund, including a sensitivity
analysis of funding status, the trustee, or another suitable person
designated by the trustee, shall before November 1 of the following
state fiscal year:
(1) submit a report describing the stress tests and risk assessments
performed and the results of those tests and risk assessments to
the interim study committee on pension management oversight
established by IC 2-5-1.3-4 in an electronic format under IC 5-14-6; and
(2) upon request from the chairman of the interim study
committee on pension management oversight, present a summary
of the information described in subdivision (1) to the interim
study committee on pension management oversight.

Legislative History

As added by P.L.20-2019, SEC.2.