Sec. 10. (a) Five (5) trustees constitute a quorum for the transaction of business. (b) Each trustee is entitled to one (1) vote. (c) A majority vote of the trustees present is required for the board to adopt a resolution or take other action at a regular or special meeting. IC 5-10.5-4 Chapter 4. Board Powers and Duties 5-10.5-4-1 Duties 5-10.5-4-2 Powers 5-10.5-4-2.5 Third party contracts for annuities; limitations 5-10.5-4-2.6 Annuity interest rates 5-10.5-4-3 Powers to be interpreted broadly 5-10.5-4-4 Direct deposit of benefits 5-10.5-4-5 Postretirement benefit changes; requirement 5-10.5-4-6 INPRS to submit annual report to the budget committee concerning post-employment benefits 5-10.5-4-7 Categorizing fund members 5-10.5-4-8 Surcharge rates to prefund postretirement benefits
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