Indiana Code § 5-10.5-4-2.5

Third party contracts for annuities; limitations
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Sec. 2.5. Notwithstanding any other provision in this article, IC 5-10.2 , IC 5-10.3 , or IC 5-10.4 , the board may not, before January 1, 2017, enter into an agreement with a third party provider to provide annuities for retiring members of: (1) the public employees' retirement fund; or (2) the teachers' retirement fund.

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