CHAPTER 0.5. LIMITATIONS ON PUBLIC RETIREMENT FUND INVESTMENTS

IC 5-10
    ARTICLE 10. PUBLIC EMPLOYEE BENEFITS

IC 5-10-0.5
    Chapter 0.5. Limitations on Public Retirement Fund Investments

IC 5-10-0.5-1
Limitations on public retirement fund investments
    Sec. 1. (a) The prohibitions of Article 11, Section 12 of theConstitution of the State of Indiana do not apply to:
        (1) the public employees' retirement fund (IC 5-10.3);
        (2) the Indiana state teachers' retirement fund (IC 5-10.4);
        (3) the Indiana state police pre-1987 benefit system (IC10-12-3);
        (4) the Indiana state police 1987 benefit system (IC 10-12-4); or
        (5) any other public employee retirement fund administered bythe board of trustees of the Indiana public employees' retirementfund.
    (b) Investments of the funds listed in subsection (a) are subject tothe following limitations and regulations:
        (1) Investments of the public employees' retirement fund andany other public employee retirement fund administered by theboard of trustees of the Indiana public employees' retirementfund are subject to IC 5-10.3-5-3, including P.L.37-1996.
        (2) Investments of the Indiana state teachers' retirement fund aresubject to IC 5-10.4-3-10.
        (3) Investments of the Indiana state police benefit system aresubject to IC 10-12-2-2.
As added by P.L.39-1997, SEC.1. Amended by P.L.2-2003, SEC.21;P.L.2-2006, SEC.12.