Sec. 6. Each public pension or retirement fund listed in section 2 of this chapter is a separate fund managed by the board under this article and the retirement law applicable to the public pension or retirement fund. The obligations of the state and political subdivisions for benefit payments are specified in the retirement law applicable to each public pension or retirement fund.
As added by P.L.23-2011, SEC.22.
Structure Indiana Code
Title 5. State and Local Administration
Article 10.5. Indiana Public Pension Modernization Act
Chapter 2. Indiana Public Retirement System
5-10.5-2-1. System Established
5-10.5-2-2. Funds Comprising the System
5-10.5-2-3. Independent Body Corporate and Politic
5-10.5-2-4. Board, System, and Employees Are Public Employees