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5-10.3-7-7.7. Employees of township trustee's office; service credit

IN Code § 5-10.3-7-7.7 (2019) (N/A)
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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 member joined the fund; and

(4) before January 1, 1988, was an employee of a township trustee's office:

(A) located in a county having a consolidated city; and

(B) participating in the fund;

is entitled to service credit as provided in subsections (b) and (c).

(b) A member who is qualified under subsection (a) is entitled to service credit for the time the member:

(1) was an employee of a township trustee's office described in subsection (a)(4);

(2) was employed in a position covered by the fund; and

(3) was not a member of the fund.

(c) To receive service credit under this section, a member must pay into the fund the amount the member would have contributed if the member had been a member of the fund for the period described in subsection (b).

As added by P.L.1-1990, SEC.59.

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