Report on Stress Test or Risk Assessment

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Sec. 12. If during a state fiscal year beginning after June 30, 2018, the trustee or the pension consultants perform a stress test or a risk assessment on the trust fund, including a sensitivity analysis of funding status, the trustee, or another suitable person designated by the trustee, shall before November 1 of the following state fiscal year:

(1) submit a report describing the stress tests and risk assessments performed and the results of those tests and risk assessments to the interim study committee on pension management oversight established by IC 2-5-1.3-4 in an electronic format under IC 5-14-6; and

(2) upon request from the chairman of the interim study committee on pension management oversight, present a summary of the information described in subdivision (1) to the interim study committee on pension management oversight.

As added by P.L.20-2019, SEC.2.


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