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IN SB0508
Bill
Status
Introduced
1/18/2011
Primary Sponsor
Dennis Kruse
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AI Summary
- Requires the state of Indiana to report unfunded accrued liabilities of pension and retirement plans for state employees as debt in financial statements
- Requires political subdivisions to report unfunded accrued liabilities of their employee pension and retirement plans as debt in financial statements
- Applies to all financial statements prepared after June 30, 2011
- Effective date of July 1, 2011
Legislative Description
Reporting public pension liabilities.
Last Action
First reading: referred to Committee on Pensions and Labor
1/18/2011
Full Bill Text
No bill text available