Indiana Code 5-10.2-1-10. “Member’s contribution”
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Sec. 10. As used in this article, “member’s contribution” includes contributions paid by:
(2) a school corporation, the state, or a state educational institution for members of the teachers’ retirement fund.
(1) the employer for members of the public employees’ retirement fund; or
Terms Used In Indiana Code 5-10.2-1-10
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Employer: as used in this article means the state for employees of the state and a political subdivision or school corporation for its employees. See Indiana Code 5-10.2-1-3
- Fund: as used in this article means the Indiana state teachers' retirement fund and the public employees' retirement fund. See Indiana Code 5-10.2-1-2
As added by P.L.41-1983, SEC.4. Amended by P.L.35-1985, SEC.2; P.L.2-2007, SEC.92.