IC 5-10.3-11-3 — Payments to units of local government; restriction
Chapter 11. Pension Relief Fund
Bills amending this section
Bills citing this section
Section text
Sec. 3. The pension relief fund may be used only for making payments to cities, counties, towns, and townships, referred to as "units of local government" in this chapter, having pension funds under IC 36-8-6, IC 36-8-7, or IC 36-8-7.5, and paying reasonable administrative expenses approved by the state board. Payments received by the units may be used only for pension payments from a pension fund listed in this section.
As added by Acts 1980, P.L.8, SEC.45. Amended by P.L.182-2009(ss), SEC.74; P.L.27-2019, SEC.5; P.L.104-2026, SEC.13.
Source: official publisher (2026 edition)