August 10 2017 Newsletter (888) 516 9594
   
Public School Fund Accounting Changes
 

Indiana public schools’ annually budgeted funds will be combined into four funds in accordance of HEA 1009 effective January 1, 2019: Education, Operations, Debt Service and Pension Debt Service.




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Allowable Uses of Police and Fire Pre-1977 “Old System” Pension Funds
 

Do you have healthy fund balances in your “Old System” Police (1925) and Fire (1937) Pension Funds and wonder if you can use the money for anything else besides paying pension and death benefits to members of the Old System Pensions? The answer is yes, but there are limitations.



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