Sec. 1. There is created within the public employees' retirement fund a separate account known as the pension relief fund. This fund is administered by the board of trustees of the Indiana public retirement system, referred to as the "state board" in this chapter. The pension relief fund consists of revenues received under IC 6-7-1-28.1(4), IC 7.1-4-12-1, any appropriations to the fund, and earnings on these revenues.
[Pre-Local Government Recodification Citation: 19-1-37.3-1.]
As added by Acts 1980, P.L.8, SEC.45. Amended by P.L.26-1996, SEC.3; P.L.23-2011, SEC.20.
Structure Indiana Code
Title 5. State and Local Administration
Article 10.3. The Public Employees' Retirement Fund
Chapter 11. Pension Relief Fund
5-10.3-11-1. Creation; Administration; Revenues
5-10.3-11-2. Powers and Duties of State Board
5-10.3-11-3. Payments to Units of Local Government; Restriction
5-10.3-11-4. Certification of Information to State Board; Determination of Total Pension Payments