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Indiana General Assembly
House Bill 1523


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House Bill 1523

ARCHIVE (2003)

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DIGEST OF HB1523 (Updated April 15, 2003 3:15 PM - DI 84)

Investment selections. Directs the board of trustees of the public employees' retirement fund (PERF board) to conduct a pilot program concerning implementation of a member's investment selection and the crediting of a member's contributions and earnings in the fund for the defined contribution plan of the legislators' retirement system. Requires the PERF board to report to the pension management oversight commission the results of the program, and if the report includes a finding that the program should be implemented on a permanent basis, to recommend proposed legislation and to provide a schedule to extend the program to all funds for which the PERF board has responsibility.
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 Law Enacted
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