Membership

Sec. 1. (a) The members of the fund include: (1) legally qualified and regularly employed teachers in the public schools; (2) persons employed by a governing body, who were qualified before their election or appointment; (3) legally qualified and regularly employed teachers at Ball State University, Indiana State University, University of Southern Indiana, and Vincennes University; (4) legally qualified and regularly employed teachers in a state educational institution whose teachers devote their entire time to teaching; (5) legally qualified and regularly employed teachers in state benevolent, charitable, or correctional institutions; (6) legally qualified and regularly employed teachers in an experimental school in a state university who teach elementary or high school students; (7) as determined by the board, certain instructors serving in a state educational institution extension division not covered by a state retirement law; (8) employees and officers of the department of education and of the fund who were qualified before their election or appointment; (9) a person who: (A) is employed as a nurse appointed under IC 20-34-3-6 by a school corporation located in a city having a population of more than sixty-nine thousand (69,000) and less than sixty-nine thousand five hundred (69,500); and (B) participated in the fund before December 31, 1991, in the position described in clause (A); and (10) persons who are employed by the fund. (b) Teachers in any state institution who accept the benefits of a state supported retirement benefit system comparable to the fund's benefits may not come under the fund unless permitted by law or the rules of the board. (c) The members of the fund do not include substitute teachers who have not obtained an associate degree or a baccalaureate degree. (d) Except as provided in IC 5-10.4-8-18, the members of the fund do not include individuals who participate in the teachers' defined contribution plan under IC 5-10.4-8. (e) An individual who makes an election to participate in the fund under IC 5-10.4-8-18 becomes a member of the fund on the date the board receives the election.