Title 5, STATE AND LOCAL ADMINISTRATION

Sec. 12. A certified copy of each department's payroll or an equivalent certified list of members shall be sent to the board together with a warrant issued by the department for members' contributions. As added by Acts 1977, P.L.53, SEC.3. Amended by P.L.41-1983, SEC.10.

Sec. 12.5. (a) An employer or department shall make the reports, membership records, or payments required by IC 5-10.3-6 or by sections 10 through 12 of this chapter: (1) not more than thirty (30) days after the end of the calendar quarter, if applicable; (2) by another due date …

Sec. 13. Suspension of Membership; Withdrawal of Contributions. Each member who suspends his membership and withdraws his contributions plus interest credits is covered by IC 5-10.2-3. As added by Acts 1977, P.L.53, SEC.3.

Sec. 14. A governor who makes an irrevocable choice under IC 4-3-3-1.1 to receive a retirement benefit other than the retirement benefit from the fund under IC 5-10.2 and this article waives the governor's right to any pension benefit from the fund on and after the date of the go…

Sec. 15. A person who has fifteen (15) or more years of creditable service in the fund and has withdrawn from the fund before reaching the age of sixty-five (65) years may apply for reinstatement of eligibility, if the person: (1) makes the application before July 1, 1998, and wi…

Sec. 2. The following employees may not be members of the fund: (1) Officials of a political subdivision elected by vote of the people, unless the governing body specifically provides for the participation of locally elected officials. (2) Employees occupying positions normally r…

Sec. 2.5. Notwithstanding the provisions of section 2 of this chapter, any constable who: (1) is not otherwise eligible for membership in the public employees' retirement fund; and (2) was enrolled erroneously in the public employees' retirement fund as a contributing member; is …

Sec. 2.7. (a) This section applies only to an individual who: (1) began service as a police officer or firefighter and became a member of a police officers' pension fund or firefighters' pension fund before 1980; (2) began service in another position (referred to in this section …

Sec. 3. (a) Members of the general assembly, including members who: (1) completed their service before July 1, 1987; and (2) were not members of the fund during their service in the general assembly; are entitled to become, at their option, members of the fund. A member of the ge…

Sec. 3.5. (a) As used in this section, "commission" refers to the state lottery commission established under IC 4-30-3-1. (b) Not later than July 1, 2014, for each member or employee of the commission who: (1) is a participant in a defined benefit retirement plan offered by the c…

Sec. 4. Except as provided in section 7.5 of this chapter, creditable service is determined as specified in IC 5-10.2-3-1. Members also receive credit for service as specified in this chapter. As added by Acts 1977, P.L.53, SEC.3. Amended by P.L.60-1987, SEC.2.

Sec. 4.3. (a) A member of the fund who is also a member of the public employees' defined contribution plan may purchase and claim years of service credit in the fund subject to the following requirements: (1) The member has at least one (1) year of credited service in the fund. (…

Sec. 4.5. (a) As used in this section, "out-of-state service" means service in another state in a comparable position that would be creditable service if performed in Indiana. (b) Subject to subsections (c) through (f), a member may purchase and claim out-of-state service credit …

Sec. 4.6. (a) Subject to the provisions of this section, a member may purchase and claim service credit for the member's prior service in a position covered by the 1925 police pension fund under IC 36-8-6, the 1937 firefighters' pension fund under IC 36-8-7, or the 1953 police pe…

Sec. 4.7. (a) As used in this section, "1977 fund" refers to the 1977 police officers' and firefighters' pension and disability fund established by IC 36-8-8-4. (b) A member may purchase and claim service credit for the member's prior service in a position covered by the 1977 fun…

Sec. 4.8. (a) As used in this section, "state quasi-governmental entity service" means service in Indiana that would be considered creditable service if performed by an employee of a member of the fund by an individual who: (1) provided the service as an employee of a body corpor…

Sec. 5. (a) A member who: (1) enters the United States armed services; (2) leaves the member's contributions in the fund; (3) except as provided in subsection (c), resumes service with the member's employer within one hundred twenty (120) days after the member's unconditional dis…

Sec. 6. (a) A member is entitled to service credit for adoption leave and maternity or paternity leave of not more than one (1) year if the employer certifies that the leave is granted in accordance with the employer's leave policy. (b) A member is entitled to service credit for …

Sec. 7. (a) A member with at least one (1) year of service in a position covered by the fund after January 1, 1946, shall receive credit for years of service at any time as any of the following: (1) A member of the general assembly. (2) An elected state official. (3) A prosecutin…

Sec. 7.5. Notwithstanding IC 5-10.2-3-1, for the purpose of computing benefits the creditable service of a member covered by an ordinance or resolution adopted by a political subdivision's governing body under IC 5-10.3-6-1(e) excludes all service with the political subdivision b…

Sec. 7.7. (a) For the purposes of computing benefits and determining eligibility, a member who: (1) has at least one (1) year of service in a position covered by the fund; (2) became a member of the fund after December 31, 1987; (3) was at least sixty (60) years of age when the m…

Sec. 7.9. (a) This section applies to a person who is or was an employee of the office of a township executive in a county having a consolidated city. (b) Except as provided in subsection (d), for the purposes of computing benefits and determining eligibility, a member who: (1) h…

Sec. 8. Other Service. The board may establish rules to govern the determination of service in cases not specifically provided for in this article or in IC 5-10.2-3. As added by Acts 1977, P.L.53, SEC.3.

Sec. 9. (a) This section: (1) does not apply to a retired member who begins a period of reemployment in a covered position more than thirty (30) days after the member's retirement, except as provided in subdivision (2); or (2) applies to the entire period of reemployment for a re…

Sec. 9.5. (a) The fund may accept cash rollover contributions from a member who is making payments for additional service credits under this chapter if the following conditions are met: (1) The rollover contribution must represent: (A) all or a portion of the member's interest in…

Sec. 9.6. (a) The state shall initiate the contributions required by section 9 of this chapter, as amended by P.L.35-1985, as part of salary and fringe benefit adjustments provided for state employees after June 30, 1986. (b) The state shall initiate the contributions required by…

Sec. 1. (a) The administrative officers of a school corporation or other institution covered by the fund shall: (1) notify each person to be employed in a teaching position that the person's obligations under this article are a condition of employment; and (2) make the obligation…

Sec. 10. (a) Except as provided in subsection (b), the board shall maintain separate reserve accounts within the 1996 account for each school corporation. (b) If the board sets a group employer rate under IC 5-10.2-2-11(b), the board shall maintain separate reserve accounts withi…

Sec. 11. (a) Annually the board shall certify to each school corporation and each school corporation shall pay its employer contribution rate to the fund, computed as specified in IC 5-10.2-2 for the employer contribution for teachers covered by the 1996 account, including the sc…

Sec. 12. (a) If a school corporation fails to make the payments required by this chapter, the amount payable may be: (1) withheld by the state comptroller from money payable to the school corporation and transferred to the fund; or (2) recovered in a suit in the circuit or superi…

Sec. 2. A teacher new to the service, when the teacher first signs a contract, shall complete a record form prescribed by the board. The completed form shall be forwarded to the board. [Pre-2006 Education Finance Recodification Citation: 21-6.1-7-2.] As added by P.L.2-2006, SEC.2…

Sec. 3. (a) Unless the member's contribution is made on behalf of the member or the member is a retired member who may not make contributions during a period of reemployment as provided under IC 5-10.2-4-8(e), the treasurer of a school corporation, the township trustee, or the ap…

Sec. 4. (a) The treasurer of a school corporation, the township trustee, and the appropriate officer of any other institution covered by the fund is liable on the officer's official bond for failure to deduct, report, and pay the contributions to the board. (b) The board, by an a…

Sec. 5. (a) Not later than October 1 of each year, the administrative and executive officers of a school corporation or other institution covered by the fund shall report to the board, on forms furnished by the board, the following information: (1) The members of the fund employe…

Sec. 6. (a) As used in this section, "net contributions" means the gross amount of a member's contributions minus any refund paid or due a teacher. (b) Not later than January 15, April 15, July 15, and October 15 of each year or an alternate due date established by the rules of t…

Sec. 7. (a) Not later than January 15, April 15, July 15, and October 15 of each year or an alternate due date established by the rules of the board, the treasurer of a school corporation, the township trustee, or the appropriate officer of any other institution covered by the fu…

Sec. 8. If the treasurer of a school corporation, the township trustee, or the appropriate officer of any other institution covered by the fund fails to make the reports and payments as required in section 6 or 7 of this chapter, the following apply: (1) The officer has an additi…

Sec. 9. Expenses of the secretary of education necessary in administering section 8 of this chapter must be paid from the funds of the board on a voucher approved by the director. [Pre-2006 Education Finance Recodification Citation: 21-6.1-7-10.] As added by P.L.2-2006, SEC.28. A…

Sec. 1. This article shall be known as and may be cited as the Indiana public pension modernization act. As added by P.L.23-2011, SEC.22.

Sec. 2. (a) All powers, duties, liabilities, property, equipment, records, rights, and contracts of the: (1) board of trustees of the public employees' retirement fund; and (2) board of trustees of the teachers' retirement fund; are transferred to or assumed by the board on July …

Sec. 3. Any amounts transferred under this subsection to the system that represent balances in any fund or account of the public employees' retirement fund or the teachers' retirement fund for the administration of the public pension and retirement funds administered by the publi…

Sec. 4. The employees of the: (1) public employees' retirement fund; and (2) teachers' retirement fund; become employees of the system on July 1, 2011, without change in compensation, seniority, or benefits. An employee of the public employees' retirement fund who is a member of …

Sec. 5. Rules and regulations of: (1) the public employees' retirement fund; and (2) the teachers' retirement fund; in effect before July 1, 2011, are considered, after June 30, 2011, rules and regulations of the system. As added by P.L.23-2011, SEC.22.

Sec. 6. (a) Any reference or cross-reference to: (1) the board of trustees of the public employees' retirement fund; or (2) the board of trustees of the teachers' retirement fund; in the Indiana Code shall be treated after June 30, 2011, as a reference or cross-reference to the b…

Sec. 7. If any provision in this article conflicts with a provision in IC 5-10.2, IC 5-10.3, or IC 5-10.4, the provisions shall be read together to the extent possible with any conflict resolved in favor of the provision in this article. As added by P.L.23-2011, SEC.22.

Sec. 1. This chapter does not apply to the following: (1) A contract solely entered into for licensed legal counsel. (2) A purchase subject to the small purchase policies established by a state agency under IC 5-22-8. (3) A contract for services provided by a bank holding company…