Indiana § 5-10.3-9-1 Petitions; requisites

Indiana Statutes

§ 5-10.3-9-1 — Petitions; requisites

Indiana § 5-10.3-9-1

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.3THE PUBLIC EMPLOYEES' RETIREMENT

Ch. 9Administration of Other Retirement Plans

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Bluebook

Ind. Code § 5-10.3-9-1 (2026).

Text

Petition for Administration.

(a)The members of a retirement system, other than the Indiana state teachers' retirement fund, may petition the board to assume the administration of their retirement system if:

(1)the system was in existence on March 31, 1947; and

(2)the system is maintained by the state or a political subdivision.

(b)The petition must be signed by at least sixty percent (60%) of the members of the retirement system and must be approved by the employer of the members and the trustees or administrator of the system. As added by Acts 1977, P.L.53, SEC.3.

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Petition for Administration. (a) The members
of a retirement system, other than the Indiana state teachers' retirement
fund, may petition the board to assume the administration of their
retirement system if:
(1) the system was in existence on March 31, 1947; and
(2) the system is maintained by the state or a political subdivision.
(b) The petition must be signed by at least sixty percent (60%) of the
members of the retirement system and must be approved by the
employer of the members and the trustees or administrator of the
system.
As added by Acts 1977, P.L.53, SEC.3.