Authority: IC 5-10.4-8; IC 5-10.5-4-2

Affected: IC 5-10.2-3-10; IC 5-10.4-8

Sec. 1. (a) Each participant in the plan will have an account that includes the following subaccounts:

1. (1) A participant contribution subaccount as defined in IC 5-10.4-8-7.
2. (2) An employer contribution subaccount as defined in IC 5-10.4-8-7.

(b) To the extent a participant has made rollover contributions to the plan, a rollover account as defined in IC 5-10.4-8-15 will be maintained on behalf of the participant as a separate subaccount within the participant's account.

(c) The accounts will be held and invested in the annuity savings account, subject to the provisions of IC 5-10.4-8-8 and this title, and the plan shall be a component of TRF.

(Board of Trustees of the Indiana Public Retirement System; 35 IAC 14.1-5- 1; adopted May 3, 2019: 20190515-IR-035190262ONA)