Sec. 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.
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