Indiana Statutes
§ 5-10.3-2-1 — Establishment and administration of fund
Indiana § 5-10.3-2-1
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 10.3THE PUBLIC EMPLOYEES' RETIREMENT
Ch. 2The Public Employees' Retirement Fund
This text of Indiana § 5-10.3-2-1 (Establishment and administration of fund) 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 § 5-10.3-2-1 (2026).
Text
(a)The public employees' retirement fund of
Indiana, referred to as the fund, is established to pay benefits to officers
and employees of the state and its political subdivisions after specified
years of service and under other specified circumstances. The purpose
of the fund is to promote economy and efficiency in the administration
of state and local government by providing an orderly way for members
to be retired without prejudice and without inflicting hardship on the
retired member.
(b)The fund is a trust. The board of trustees of the Indiana public
retirement system shall administer the fund and implement this article,
without the supervision of the department of insurance.
As added by Acts 1977, P.L.53, SEC.3. Amended by
P.L.23-2011, SEC.15.
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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Repealed§ 5-1-10-1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" definedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 5-10.3-2-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-10.3-2-1.