Sec. 4. (a) The corporation shall determine qualifications, duties, compensation, and terms of service for persons employed by the corporation as employees or as independent contractors.
(b) The board may adopt a resolution providing that the corporation's employees who are eligible to participate in the public employees' retirement fund under the eligibility requirements set forth in IC 5-10.2 and IC 5-10.3 shall participate in the fund.
(c) The board may adopt a resolution to allow the corporation's employees to participate in group insurance and other benefit plans, including the state employees' deferred compensation plan, that are available to state employees.
As added by P.L.4-2005, SEC.34.
Structure Indiana Code
Title 5. State and Local Administration
Article 28. Indiana Economic Development Corporation
5-28-5-1. Economic Development Functions
5-28-5-2. Grant of Necessary and Appropriate Powers
5-28-5-3. Employees and Agents; Contracts
5-28-5-4. Terms of Employment; Retirement Fund and Employee Benefits
5-28-5-6.5. Small Business Division
5-28-5-7. Contract, Tort, and Civil Rights Claims
5-28-5-8. Adoption of Rules; Emergency Rules
5-28-5-9. Public Meetings and Public Records Laws
5-28-5-10. Reimbursement of Employee Expenses
5-28-5-11. Request for Appropriations
5-28-5-13. Nonprofit Subsidiary Corporation
5-28-5-15. Powers in the Event of Default
5-28-5-16. Recommendations; Economic Development Tools; Local Communities in Distressed Areas