Sec. 2.5. Notwithstanding any other provision in this article, IC 5-10.2, IC 5-10.3, or IC 5-10.4, the board may not, before January 1, 2017, enter into an agreement with a third party provider to provide annuities for retiring members of:

(1) the public employees’ retirement fund; or

(2) the teachers’ retirement fund.

As added by P.L.177-2014, SEC.4.