Authority: IC 5-10.5-4-2; IC 36-8-8-5

Affected: IC 36-8-8-6; IC 36-8-8-6.5

Sec. 2. (a) INPRS may request reports and records from employers participating in the 1977 fund.

(b) Pursuant to IC 36-8-8-6, said reports or records are due to the system board not more than thirty (30) days after the end of the calendar quarter when such records or reports were requested.

(c) INPRS may make an expedited request for reports and records to be submitted not earlier than thirty (30) days from the date requested, provided INPRS has a reasonable need for such expedited request unless the employer has just cause for the delay. Just cause for purposes of this subsection is determined solely by INPRS.

(d) Any employer who fails to provide the requested report or records by the due date may be assessed a penalty. The board may fine the employer or department one hundred dollars ($100) for each additional day that the reports and records are late. The penalty will be determined by the board.

(e) The provisions of 35 IAC 2-6-1(c) apply to this section.

(Board of Trustees of the Indiana Public Retirement System; 35 IAC 2-7-2; adopted Sep 10, 2021: 20210915-IR-035210420ONA)