CHAPTER 0.5. LIMITATIONS ON PUBLIC RETIREMENT FUND INVESTMENTS - Indiana Statutes

IC 5-10
    ARTICLE 10. PUBLIC EMPLOYEE BENEFITS

IC 5-10-0.5
     Chapter 0.5. Limitations on Public Retirement Fund Investments

IC 5-10-0.5-1
Limitations on public retirement fund investments
     Sec. 1. (a) The prohibitions of Article 11, Section 12 of the Constitution of the State of Indiana do not apply to:
        (1) the public employees' retirement fund (IC 5-10.3);
        (2) the Indiana state teachers' retirement fund (IC 5-10.4);
        (3) the Indiana state police pre-1987 benefit system (IC 10-12-3);
        (4) the Indiana state police 1987 benefit system (IC 10-12-4); or
        (5) any other public employee retirement fund administered by the board of trustees of the Indiana public employees' retirement fund.
    (b) Investments of the funds listed in subsection (a) are subject to the following limitations and regulations:
        (1) Investments of the public employees' retirement fund and any other public employee retirement fund administered by the board of trustees of the Indiana public employees' retirement fund are subject to IC 5-10.3-5-3, including P.L.37-1996.
        (2) Investments of the Indiana state teachers' retirement fund are subject to IC 5-10.4-3-10.
        (3) Investments of the Indiana state police benefit system are subject to IC 10-12-2-2.
As added by P.L.39-1997, SEC.1. Amended by P.L.2-2003, SEC.21; P.L.2-2006, SEC.12.