Indiana § 5-10.3-11-4.7 Distributions to units of local government

Indiana Statutes

§ 5-10.3-11-4.7 — Distributions to units of local government

Indiana § 5-10.3-11-4.7

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.3THE PUBLIC EMPLOYEES' RETIREMENT

Ch. 11Pension Relief Fund

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Bluebook

Ind. Code § 5-10.3-11-4.7 (2026).

Text

7.

(a)In 2009 and each year thereafter, the state board shall distribute from the pension relief fund to each unit of local government the total amount of pension, disability, and survivor benefit payments from the 1925 police pension fund (IC 36-8-6), the 1937 firefighters' pension fund (IC 36-8-7), and the 1953 police pension fund (IC 36-8-7.5) to be made by the unit in the calendar year, as estimated by the state board under section 4 of this chapter.

(b)The state board shall make the distributions under subsection (a) in two (2) equal installments before July 1 and before October 2 of each year.

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7. (a) In 2009 and each year thereafter, the
state board shall distribute from the pension relief fund to each unit of
local government the total amount of pension, disability, and survivor
benefit payments from the 1925 police pension fund (IC 36-8-6), the
1937 firefighters' pension fund (IC 36-8-7), and the 1953 police
pension fund (IC 36-8-7.5) to be made by the unit in the calendar year,
as estimated by the state board under section 4 of this chapter.
(b) The state board shall make the distributions under subsection (a)
in two (2) equal installments before July 1 and before October 2 of
each year.