Indiana Statutes
§ 5-10.3-12-22 — Alternative investment programs; stable value fund program; requirements and rules; administrative fees
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 10.3 THE PUBLIC EMPLOYEES' RETIREMENT·Ch. 12 Public Employees' Defined Contribution Plan
(a)Subject to the board obtaining the
approval of the Internal Revenue Service as described in section 18(b)
of this chapter, the board shall establish:
(1)a stable value fund as the regular investment program for the
plan; and
(2)alternative investment programs for the plan.
(b)The board may adopt requirements and rules that apply to the
alternative investment programs within the plan, including the
following:
(1)The board's investment guidelines and limits for the
alternative investment programs.
(2)A member's selection of and changes to the member's
investment options.
(3)The valuation of a member's account.
(4)The allocation and payment of administrative expenses for the
alternative investment programs.
(c)The board shall determine the appropriate administrative fees to
be cha
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Indiana § 5-10.3-12-22 (Alternative investment programs; stable value fund program; requirements and rules; administrative fees) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.22-2011, SEC.2. Amended by P.L.6-2012,
SEC.31; P.L.193-2016, SEC.16; P.L.86-2018, SEC.17; P.L.27-2019,
SEC.8.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" defined