2016 Indiana Code TITLE 5. STATE AND LOCAL ADMINISTRATION ARTICLE 10. PUBLIC EMPLOYEE BENEFITS CHAPTER 0.5. LIMITATIONS ON PUBLIC RETIREMENT FUND INVESTMENTS
Download as PDF
IC 5-10
ARTICLE 10. PUBLIC EMPLOYEE BENEFITS
IC 5-10-0.5
Chapter 0.5. Limitations on Public Retirement Fund
Investments
IC 5-10-0.5-1
Limitations on public retirement fund investments
Sec. 1. (a) The prohibitions of Article 11, Section 12 of the
Constitution of the State of Indiana do not apply to:
(1) the public employees' retirement fund (IC 5-10.3);
(2) the Indiana state teachers' retirement fund (IC 5-10.4);
(3) the Indiana state police pre-1987 benefit system (IC
10-12-3);
(4) the Indiana state police 1987 benefit system (IC 10-12-4); or
(5) any other public pension or employee retirement fund
administered by the board of trustees of the Indiana public
retirement system.
(b) Investments of the funds listed in subsection (a) are subject to
the following limitations and regulations:
(1) Investments of the public employees' retirement fund and
any other public pension or employee retirement fund
administered by the board of trustees of the Indiana public
retirement system are subject to IC 5-10.3-5-3, including
P.L.37-1996, and IC 5-10.5-5.
(2) Investments of the Indiana state teachers' retirement fund are
subject to IC 5-10.4-3-10 and IC 5-10.5-5.
(3) Investments of the Indiana state police benefit system are
subject to IC 10-12-2-2.
As added by P.L.39-1997, SEC.1. Amended by P.L.2-2003, SEC.21;
P.L.2-2006, SEC.12; P.L.35-2012, SEC.20.
Indiana Code 2016
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
