Sec. 3. (a) The board shall:
(1) prorate the expenses of administration of the fund between the retirement allowance accounts; and
(2) pay the prorated expenses from those accounts.
(b) The board shall pay the expenses for the administration of the system as provided in IC 5-10.5-6-5.
[Pre-2006 Education Finance Recodification Citation: 21-6.1-2-4.]
As added by P.L.2-2006, SEC.28. Amended by P.L.35-2012, SEC.87.
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