Application to employees

Sec. 1. (a) Except as provided in subsection (b), this chapter applies after the effective date of the plan to an individual who: (1) begins employment with a school corporation in a covered position that would otherwise be eligible for membership in the fund under IC 5-10.4-4; and (2) makes an election described in section 6 of this chapter to become a member of the plan. (b) This chapter does not apply to the following: (1) An individual who, before the effective date of the plan, is or was a member (as defined in IC 5-10.4-1-9) of the fund. (2) An individual who, on or after the effective date of the plan: (A) begins employment with a school corporation that participates in the plan in a covered position that would otherwise be eligible for membership in the fund under IC 5-10.4-4; and (B) does not make the election described in section 6 of this chapter to become a member of the plan. As added by P.L.217-2017, SEC.58.