Current through P.L. 171-2024
Section 5-10.4-7-6 - Reports; member contributions(a) As used in this section, "net contributions" means the gross amount of a member's contributions minus any refund paid or due a teacher.(b) Not later than January 15, April 15, July 15, and October 15 of each year or an alternate due date established by the rules of the board, the treasurer of a school corporation, the township trustee, or the appropriate officer of any other institution covered by the fund shall make an employer report as provided in section 7 of this chapter, on a form furnished by the board, to the board accompanied by a warrant for payment of:(1) the total net contributions to the fund made for or by the members in the preceding three (3) months; and(2) subject to IC 5-10.2-2-11.5, the employer contributions as required by section 11 of this chapter.(c) Amendatory reports to correct errors or omissions may be required and made.(d) After December 31, 2009, the treasurer of a school corporation, the township trustee, or the appropriate officer of any other institution covered by the fund shall submit: (1) the employer report described in section 7 of this chapter in a uniform format through a secure connection over the Internet or through other electronic means specified by the board in accordance with IC 5-10.2-2-12.5; and(2) the: (A) employer contributions; and(B) contributions paid by or on behalf of a member; described in subsection (b) by electronic funds transfer in accordance with IC 5-10.2-2-12.5.
Pre-2006 Education Finance Recodification Citation: 21-6.1-7-7.
As added by P.L. 2-2006, SEC.28. Amended by P.L. 165-2009, SEC.7; P.L. 182-2009 (ss), SEC.73.