{"data":{"id":"us-in/ic-20-42-4-1","jurisdiction":"us-in","citation":"IC 20-42-4-1","heading":"Application","body":"Sec. 1. This chapter applies to a school corporation that:\n(1) after June 30, 2001, establishes a retirement or severance plan that will require the school corporation to pay postretirement or severance benefits to employees of the school corporation; or\n(2) includes in a collective bargaining agreement or other contract entered into after June 30, 2001, a provision to increase:\n(A) the benefit; or\n(B) the unfunded liability;\nunder a retirement or severance provision that will require the school corporation to pay postretirement or severance benefits to employees of the school corporation.","path":["TITLE 20. EDUCATION","ARTICLE 42. FIDUCIARY FUNDS AND ACCOUNTS","Chapter 4. Funding of Retirement or Severance Plan"],"source_url":"https://iga.in.gov/ic/2026/Title_20.html#20-42-4-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-01T01:34:30Z","sha256":"95f7902dca16d3c762617a71cd6b0fed758d8ce572ef379010c57f62c4dafa97","source_id":"us-in","stale":false,"prev":"us-in/ic-20-42-2-15","next":"us-in/ic-20-42-4-2"},"notice":"GroundRules: Original legal text. Not legal advice."}