Sec. 3. The system is an independent body corporate and politic. The system is not a department or agency of the state but is an independent instrumentality exercising essential government functions. As added by P.L.23-2011, SEC.22.
Independent body corporate and politic
Ind. Code § 5-10.5-2-3, under Chapter 2. Indiana Public Retirement System.
Ind. Code § 5-10.5-2-3