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Indiana General Assembly
House Bill 1004


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House Bill 1004

ARCHIVE (2003)

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Alternative investments by pension funds. Encourages the boards of trustees of the public employees' retirement fund and the Indiana state teachers' retirement fund to invest at least 5% of the funds under their control and available for investment in alternative investments. Encourages the boards to place at least $100,000,000 of these alternative investments in certain business sectors over the next ten years. Requires the boards to exercise financial and fiduciary prudence to identify appropriate alternative investments.
Current Status:
 In Committee - first House
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