Sec. 6. The state or political subdivision under a deferred compensation plan shall be obligated at any point in time solely for the then current market value of the funding theretofore made.
Formerly: Acts 1975, P.L.42, SEC.1. As amended by P.L.15-1998, SEC.4.
Structure Indiana Code
Title 5. State and Local Administration
Article 10. Public Employee Benefits
Chapter 1.1. Public Employees Deferred Compensation Plans
5-10-1.1-1. Nonqualified Deferred Compensation Plans; Employee Savings Plans
5-10-1.1-1.5. Defined Contribution Plan
5-10-1.1-3. Effective and Operative Dates
5-10-1.1-3.5. Deferred Compensation Plan; Automatic Enrollment
5-10-1.1-4. Deferred Compensation Committee; State Employees' Deferred Compensation Plan
5-10-1.1-6. Obligations of State or Political Subdivision
5-10-1.1-7. Participation by Political Subdivisions
5-10-1.1-7.5. Unused Excess Accrued Leave
5-10-1.1-8. Supplemental Effect of Chapter
5-10-1.1-9. Amounts to Be Held for Exclusive Benefit of Participants and Beneficiaries