5-10.4-4-2. Creditable service

IN Code § 5-10.4-4-2 (2019) (N/A)
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Sec. 2. (a) Creditable service is determined under IC 5-10.2-3-1 and this chapter.

(b) A member, whether or not the member is employed under a contract, must serve at least:

(1) one hundred twenty (120) days in a year; or

(2) sixty (60) days in each of two (2) years;

to receive one (1) year of service credit in the fund.

(c) Except as otherwise specified, a member may not be granted more than one (1) year of credit for service in a calendar year or fiscal year.

[Pre-2006 Education Finance Recodification Citation: 21-6.1-4-2.]

As added by P.L.2-2006, SEC.28.