Indiana Code 5-10.4-2-2.5. Adjustment of employer compensation rate because of certain savings
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Terms Used In Indiana Code 5-10.4-2-2.5
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
Sec. 2.5. The board shall adjust the employer contribution rate for the Indiana state teachers’ retirement fund to take into account any actuarial savings resulting from the amendment to IC 21-6.1-2-2 (before its repeal, now codified at section 2 of this chapter) by P.L.291-2001.
As added by P.L.220-2011, SEC.86.