"Employer contribution or share" defined

Authority: IC 5-10.5-4-2 Affected: IC 5-10.2-2-6; IC 5-10.4-4-4 Sec. 10. "Employer contribution or share" refers to contributions, exclusive of the annuity savings account, made to the Indiana state teachers' retirement fund by employers to provide funding for the defined benefit portion of the member's pension benefit. (Board of Trustees of the Indiana Public Retirement System; 35 IAC 14-1-10; filed Oct 5, 1992, 5:00 p.m.: 16 IR 703; readopted filed Dec 3, 2001, 11:02 a.m.: 25 IR 1731; adopted Mar 27, 2007: 20070404-IR-550070200ONA) NOTE: Transferred from the Board of Trustees of the Indiana State Teachers' Retirement Fund (550 IAC 2-1-4) to the Board of Trustees of the Indiana Public Retirement System (35 IAC 14-1-10) by P.L.23-2011, SECTION 22, effective July 1, 2011.