Sec. 5. (a) As used in this chapter and except as provided in subsection (b), "system" refers to the Indiana public retirement system established by IC 5-10.5-2-1. (b) The term does not include the following: (1) The public employees' defined contribution plan established under IC 5-10.3-12. (2) An annuity savings account for the public employees' retirement fund established under IC 5-10.2-2-2(a)(1). (3) The teachers' defined contribution plan established under IC 5-10.4-8. (4) An annuity savings account for the Indiana state teachers' retirement fund established under IC 5-10.2-2-2(c)(1). (5) The legislators' defined contribution plan established under IC 2-3.5-5. As added by P.L.206-2023, SEC.1.