Pension matters.

Summary

The bill revises several sections of the Indiana Code that govern public‑employee pensions, retiree health benefit trusts, and defined‑contribution plans. It limits state contributions to budget‑approved amounts, allows the budget agency to suspend payments in emergencies, and sets new rules for how trust‑fund assets are invested, protected, and reported. It also creates new election options for employees and outlines how unused account balances are handled.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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