Sec. 10. (a) For purposes of this chapter, there is appropriated for each biennium the following sums of money:
(1) From the state general fund, the amount required to actuarially fund participants' retirement benefits under this chapter, as determined by the board on the recommendation of an actuary.
(2) From the defined benefit fund, the amount required for administration of this chapter.
(b) The biennial appropriation provided in this section shall be credited to the defined benefit fund annually in equal installments in the month of July of each year of the biennium.
As added by P.L.6-1989, SEC.1.
Structure Indiana Code
Article 3.5. Legislative Retirement Benefits
Chapter 4. Legislators' Defined Benefit Plan
2-3.5-4-2. Members 65 and Older; Monthly Retirement Benefit; Conditions
2-3.5-4-3. Monthly Retirement Benefit; Computation
2-3.5-4-4. Participants 55 and Older; Reduced Monthly Retirement Benefit; Computation
2-3.5-4-4.1. Monthly Retirement Benefit; Conditions
2-3.5-4-5. Disabled Participant; Benefits; Transcripts, Records, and Other Materials
2-3.5-4-6. Surviving Spouse; Benefits
2-3.5-4-7. Dependent Children; Benefits
2-3.5-4-8. Manner of Payment; Application for Benefits; Termination
2-3.5-4-9. Actuarial Valuation; Annual Determinations
2-3.5-4-10. Biennial Appropriations
2-3.5-4-11. Exemptions; Criminal Taking of State Property
2-3.5-4-12. Assignment of Benefits
2-3.5-4-13. Benefit Increases Payable After June 30, 1992; Calculation