§ 20-42-4-1 — Application

This chapter applies to a school corporation
that:
(1) after June 30, 2001, establishes a retirement or severance plan
that will require the school corporation to pay postretirement or
severance benefits to employees of the school corporation; or
(2) includes in a collective bargaining agreement or other contract
entered into after June 30, 2001, a provision to increase:
(A) the benefit; or
(B) the unfunded liability;
under a retirement or severance provision that will require the
school corporation to pay postretirement or severance benefits to
employees of the school corporation.
[Pre-2006 Recodification Citation: 21-2-20-1.]

Legislative History

As added by P.L.2-2006, SEC.165.