§ 5-10-1-1-0-3

The actions taken by a school corporation before January 1, 1988, to:(1) establish an employee savings plan that is a defined contribution plan qualified under Section 401(a) of the Internal Revenue Code; and(2) contribute amounts to the employee savings plan on behalf of the employee, with those amounts to be credited and allocated to the employee;are legalized.As added by P.L.220-2011, SEC.63.