Indiana § 5-10.5-4-7 Categorizing fund members

Indiana Statutes

§ 5-10.5-4-7 — Categorizing fund members

Indiana § 5-10.5-4-7

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.5INDIANA PUBLIC PENSION

Ch. 4Board Powers and Duties

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Bluebook

Ind. Code § 5-10.5-4-7 (2026).

Text

(a)For purposes of this section, "fund" means the Indiana public employees' retirement fund, Indiana state teachers' retirement fund, legislators' defined benefit plan, and state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan.

(b)The board shall develop the technological and administrative capabilities sufficient to categorize fund members into separate groups in which:

(1)certain members receive a service based thirteenth check; and

(2)certain members receive a cost of living adjustment.

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(a) For purposes of this section, "fund" means
the Indiana public employees' retirement fund, Indiana state teachers'
retirement fund, legislators' defined benefit plan, and state excise
police, gaming agent, gaming control officer, and conservation
enforcement officers' retirement plan.
(b) The board shall develop the technological and administrative
capabilities sufficient to categorize fund members into separate groups
in which:
(1) certain members receive a service based thirteenth check; and
(2) certain members receive a cost of living adjustment.