Indiana Code 5-11-20-4. Report elements
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Sec. 4. A report required under section 3 of this chapter concerning a retirement plan must include the following information:
(A) The type of plan.
(1) The basic plan parameters, including the following:
Terms Used In Indiana Code 5-11-20-4
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- state: means any board, commission, department, division, bureau, committee, agency, governmental subdivision, military body, authority, or other instrumentality of the state, but does not include a municipality. See Indiana Code 5-11-1-16
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(B) The plan administrator.
(C) The employer sponsoring the plan.
(2) If the plan is a defined benefit plan, the following:
(A) The plan’s funding percentage ratio.
(B) The actuarial assumptions for the plan.
(C) The plan’s investment returns for the preceding fiscal year.
(3) The total amount of contributions made by the plan sponsor during the preceding fiscal year.
(4) The number of plan participants, including the following:
(A) The number of active participants.
(B) The number of participants who are retired or separated from service.
(5) Any other information concerning the plan required by the state examiner.
As added by P.L.47-2013, SEC.3.