Sec. 1. (a) The administrative officers of a school corporation or other institution covered by the fund shall: (1) notify each person to be employed in a teaching position that the person’s obligations under this article are a condition of employment; and (2) make the obligations a part of the teacher’s contract. (b) Except in […]
Sec. 10. (a) Except as provided in subsection (b), the board shall maintain separate reserve accounts within the 1996 account for each school corporation. (b) If the board sets a group employer rate under IC 5-10.2-2-11(b), the board shall maintain separate reserve accounts within the 1996 account for each employer group. (c) Credits and charges […]
Sec. 11. (a) Annually the board shall certify to each school corporation and each school corporation shall pay its employer contribution rate to the fund, computed as specified in IC 5-10.2-2 for the employer contribution for teachers covered by the 1996 account, including the school corporation’s share of administration expenses for the 1996 account. (b) […]
Sec. 12. (a) If a school corporation fails to make the payments required by this chapter, the amount payable may be: (1) withheld by the auditor of state from money payable to the school corporation and transferred to the fund; or (2) recovered in a suit in the circuit or superior court of the county […]
Sec. 2. A teacher new to the service, when the teacher first signs a contract, shall complete a record form prescribed by the board. The completed form shall be forwarded to the board. [Pre-2006 Education Finance Recodification Citation: 21-6.1-7-2.] As added by P.L.2-2006, SEC.28.
Sec. 3. (a) Unless the member’s contribution is made on behalf of the member or the member is a retired member who may not make contributions during a period of reemployment as provided under IC 5-10.2-4-8(e), the treasurer of a school corporation, the township trustee, or the appropriate officer of any other institution covered by […]
Sec. 4. (a) The treasurer of a school corporation, the township trustee, and the appropriate officer of any other institution covered by the fund is liable on the officer’s official bond for failure to deduct, report, and pay the contributions to the board. (b) The board, by an action in its name prosecuted by the […]
Sec. 5. (a) Not later than October 1 of each year, the administrative and executive officers of a school corporation or other institution covered by the fund shall report to the board, on forms furnished by the board, the following information: (1) The members of the fund employed by the school corporation or other institution. […]
Sec. 6. (a) As used in this section, “net contributions” means the gross amount of a member’s contributions minus any refund paid or due a teacher. (b) Not later than January 15, April 15, July 15, and October 15 of each year or an alternate due date established by the rules of the board, the […]
Sec. 7. (a) Not later than January 15, April 15, July 15, and October 15 of each year or an alternate due date established by the rules of the board, the treasurer of a school corporation, the township trustee, or the appropriate officer of any other institution covered by the fund shall make a report […]
Sec. 8. If the treasurer of a school corporation, the township trustee, or the appropriate officer of any other institution covered by the fund fails to make the reports and payments as required in section 6 or 7 of this chapter, the following apply: (1) The officer has an additional thirty (30) days to make […]
Sec. 9. Expenses of the secretary of education necessary in administering section 8 of this chapter must be paid from the funds of the board on a voucher approved by the director. [Pre-2006 Education Finance Recodification Citation: 21-6.1-7-10.] As added by P.L.2-2006, SEC.28. Amended by P.L.43-2021, SEC.28.
