{"data":{"id":"us-in/ic-5-10.3-12-22","jurisdiction":"us-in","citation":"IC 5-10.3-12-22","heading":"Alternative investment programs; stable value fund program; requirements and rules; administrative fees","body":"Sec. 22. (a) Subject to the board obtaining the approval of the Internal Revenue Service as described in section 18(b) of this chapter, the board shall establish:\n(1) a stable value fund as the regular investment program for the plan; and\n(2) alternative investment programs for the plan.\n(b) The board may adopt requirements and rules that apply to the alternative investment programs within the plan, including the following:\n(1) The board's investment guidelines and limits for the alternative investment programs.\n(2) A member's selection of and changes to the member's investment options.\n(3) The valuation of a member's account.\n(4) The allocation and payment of administrative expenses for the alternative investment programs.\n(c) The board shall determine the appropriate administrative fees to be charged to the member accounts.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 10.3. THE PUBLIC EMPLOYEES' RETIREMENT FUND","Chapter 12. Public Employees' Defined Contribution Plan"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-10.3-12-22","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"a61f3e54754045aba1ea048d1ad89b9a0e8000b71421d3536ef7de46d64d14e0","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.3-12-21","next":"us-in/ic-5-10.3-12-22.5"},"notice":"GroundRules: Original legal text. Not legal advice."}