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Senate Bill 0128


Senate Bill 0128

ARCHIVE (2012)

Latest Information

 

DIGEST OF SB 128 (Updated February 29, 2012 9:17 am - DI 84)


Administration of public retirement plans. Requires the Indiana public retirement system (system) to pay the direct and indirect costs of the state board of accounts' examination of the public pension and retirement funds administered by the system. (Currently, only the teachers' retirement fund is required to pay these costs.) Urges the assignment to the pension management oversight commission the study of a reporting system for retirement plans of the state or a political subdivision not administered by the system. (Currently, these plans must report to the public employees' retirement fund (PERF) information necessary for the PERF actuary to perform an actuarial valuation of the plan.)
    Current Status:
     Law Enacted
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