Indiana § 2-3.5-4-10 Biennial appropriations

Indiana Statutes

§ 2-3.5-4-10 — Biennial appropriations

Indiana § 2-3.5-4-10

Art. 3.5LEGISLATIVE RETIREMENT BENEFITS

Ch. 4Legislators' Defined Benefit Plan

This text of Indiana § 2-3.5-4-10 (Biennial appropriations) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 2-3.5-4-10 (2026).

Text

(a)For purposes of this chapter, there is appropriated for each biennium the following sums of money:

(1)From the state general fund, the amount required to actuarially fund participants' retirement benefits under this chapter, as determined by the board on the recommendation of an actuary.

(2)From the defined benefit fund, the amount required for administration of this chapter.

(b)The biennial appropriation provided in this section shall be credited to the defined benefit fund annually in equal installments in the month of July of each year of the biennium.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) For purposes of this chapter, there is
appropriated for each biennium the following sums of money:
(1) From the state general fund, the amount required to actuarially
fund participants' retirement benefits under this chapter, as
determined by the board on the recommendation of an actuary.
(2) From the defined benefit fund, the amount required for
administration of this chapter.
(b) The biennial appropriation provided in this section shall be
credited to the defined benefit fund annually in equal installments in
the month of July of each year of the biennium.