# Indiana HB 1314: Deferred retirement option plan.

Indiana HB 1314, Deferred retirement option plan., is a First Regular Session 124th General Assembly (2025) House bill sponsored by Vernon Smith (Democratic); status failed, last action 2025-01-13 (Authored by Representative Smith V) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/IN-HB1314-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana HB 1314
- State: Indiana
- Session: First Regular Session 124th General Assembly (2025)
- Title: Deferred retirement option plan.
- Status: failed
- Chamber: House
- Introduced: 2025-01-13
- Last action: 2025-01-13, Authored by Representative Smith V
- Sponsor: Vernon Smith (Democratic)
- Cosponsors: 0
- Subjects: employment
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Allows a member of the 1925 police pension fund, 1937 firefighters' pension fund, 1953 police pension fund (Indianapolis), or 1977 police officers' and firefighters' pension and disability fund to withdraw from the deferred retirement option plan (DROP) and make an election to enter the DROP for a second time not earlier than three years after the date the member withdraws from the DROP. Provides that a member may make an election to enter the DROP only twice in the member's lifetime.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Vernon Smith (Democratic), House

## Actions (2)

- 2025-01-13: Authored by Representative Smith V (House)
- 2025-01-13: First reading: referred to Committee on Employment, Labor and Pensions (House)

## Bill text

- Introduced House Bill (H): [PDF](https://api.iga.in.gov/2025/bills/HB1314/versions/HB1314.01.INTR?format=pdf)

## Related bills

- SB 324: Criminal procedures. (signed)
- SB 231: Various corrections matters. (signed)
- SB 80: Code publication. (signed)
- SB 453: Various tax matters. (signed)
- SB 464: Financial institutions and consumer credit. (signed)
- SB 371: Workforce matters. (signed)

## Sources
- [Introduced House Bill (H) (PDF)](https://api.iga.in.gov/2025/bills/HB1314/versions/HB1314.01.INTR?format=pdf)

## Related
- [SB 324: Criminal procedures.](https://policyrisk.com/state-bill/IN-SB324-2025)
- [SB 231: Various corrections matters.](https://policyrisk.com/state-bill/IN-SB231-2025)
- [SB 80: Code publication.](https://policyrisk.com/state-bill/IN-SB80-2025)
- [SB 453: Various tax matters.](https://policyrisk.com/state-bill/IN-SB453-2025)
- [SB 464: Financial institutions and consumer credit.](https://policyrisk.com/state-bill/IN-SB464-2025)
- [SB 371: Workforce matters.](https://policyrisk.com/state-bill/IN-SB371-2025)
- [Indiana bills](https://policyrisk.com/states/indiana/bills)
- [Indiana state hub](https://policyrisk.com/states/indiana)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IN-HB1314-2025 (as of 2026-10-17).