Indiana Public Retirement System is a public pension fund based in Indianapolis, Indiana. The Public Employees' Retirement Fund (PERF) and the Teachers' Retirement Fund (TRF) merged together to form the Indiana Public Retirement System in 2011. The public pension fund oversees three non-retirement funds including the Pension Relief Fund, the Public Safety Officers' Special Death Benefit Fund, and the State Employees' Death Benefit Fund and manages several pension plans for the State. The assets are managed by the Board of Trustees.