Indiana officials expect saving $1B a year as teacher pension plan hits funded status

State officials say a $1 billion annual payment to an Indiana teacher pension fund won’t be needed within the next couple of years.

By: Tom Davies

Outlets: Indiana Capital Chronicle

Published: September 25, 2026

Words: 413

Last Updated: 2 weeks, 3 days ago

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State officials say they expect a $1 billion annual payment to an Indiana teacher pension fund won’t be needed within the next couple of years.

Republican legislative leaders hailed Thursday’s announcement from state pension officials that the fund covering teachers hired before 1996 could be regarded as fully funded as soon as Indiana’s 2028 fiscal year.

That fund’s large unfunded liability has been a persistent worry of legislative budget …

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