Indiana § 5-10.3-11-3 Payments to units of local government; restriction

Indiana Statutes

§ 5-10.3-11-3 — Payments to units of local government; restriction

Indiana § 5-10.3-11-3

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.3THE PUBLIC EMPLOYEES' RETIREMENT

Ch. 11Pension Relief Fund

This text of Indiana § 5-10.3-11-3 (Payments to units of local government; restriction) 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 § 5-10.3-11-3 (2026).

Text

The pension relief fund may be used only for making payments to cities, counties, towns, and townships, referred to as "units of local government" in this chapter, having pension funds established under IC 18-1-12, IC 19-1-18, IC 19-1-24, IC 19-1-25-4, IC 19-1-30, IC 19-1-37, or IC 19-1-44 (all before their repeal), and paying reasonable administrative expenses approved by the state board. Payments received by the units may be used only for:

(1)pension payments from a pension fund listed in this section; or

(2)withdrawals under section 6 of this chapter. [Pre-Local Government Recodification Citation: 19-1-37.3-3.] As added by Acts 1980, P.L.8, SEC.45. Amended by P.L.182-2009(ss), SEC.74; P.L.27-2019, SEC.5.

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The pension relief fund may be used only for
making payments to cities, counties, towns, and townships, referred to
as "units of local government" in this chapter, having pension funds
established under IC 18-1-12, IC 19-1-18, IC 19-1-24, IC 19-1-25-4, IC 19-1-30, IC 19-1-37, or IC 19-1-44 (all before their repeal), and paying
reasonable administrative expenses approved by the state board.
Payments received by the units may be used only for:
(1) pension payments from a pension fund listed in this section;
or
(2) withdrawals under section 6 of this chapter.
[Pre-Local Government Recodification Citation:
19-1-37.3-3.]
As added by Acts 1980, P.L.8, SEC.45. Amended by
P.L.182-2009(ss), SEC.74; P.L.27-2019, SEC.5.