Indiana § 5-10.3-6-8.3 Retirement plans offered by political subdivision that withdraws from
or freezes participation in fund

Indiana Statutes

§ 5-10.3-6-8.3 — Retirement plans offered by political subdivision that withdraws from or freezes participation in fund

Indiana § 5-10.3-6-8.3

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.3THE PUBLIC EMPLOYEES' RETIREMENT

Ch. 6Participation by Political Subdivisions

This text of Indiana § 5-10.3-6-8.3 (Retirement plans offered by political subdivision that withdraws from or freezes participation in 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 § 5-10.3-6-8.3 (2026).

Text

3.

(a)This section applies to a political subdivision that:

(1)either:

(A)withdraws from the fund under section 8 of this chapter; or

(B)freezes its participation in the fund as described in section 8.2 of this chapter; and

(2)chooses thereafter to offer a retirement plan to its employees.

(b)Except as provided in subsection (c), a political subdivision to which this section applies may offer a retirement plan to its employees only by participating in the defined contribution plan under IC 5-10.3-12.

(c)If, on July 1, 2015, a political subdivision to which this section applies has established or is otherwise participating in a defined contribution plan other than the defined contribution plan under IC 5-10.3-12, the political subdivision may continue to participate in the defined co

Free access — add to your briefcase to read the full text and ask questions with AI

3. (a) This section applies to a political
subdivision that:
(1) either:
(A) withdraws from the fund under section 8 of this chapter; or
(B) freezes its participation in the fund as described in section
8.2 of this chapter; and
(2) chooses thereafter to offer a retirement plan to its employees.
(b) Except as provided in subsection (c), a political subdivision to
which this section applies may offer a retirement plan to its employees
only by participating in the defined contribution plan under IC 5-10.3-12.
(c) If, on July 1, 2015, a political subdivision to which this section
applies has established or is otherwise participating in a defined
contribution plan other than the defined contribution plan under IC 5-10.3-12, the political subdivision may continue to participate in the
defined contribution plan in which the political subdivision participated
on July 1, 2015.