Sec. 10. The fund shall be construed to be a trust, separate and distinct from all other entities, maintained to: (1) secure payment of benefits to the participants and their beneficiaries; and (2) pay the costs of administering this chapter. [Pre-2004 Recodification Citation: 33-14-9-9.] As added by P.L.98-2004, SEC.18.
Fund construed as trust; purpose
Ind. Code § 33-39-7-10, under Retirement Fund.
Ind. Code § 33-39-7-10