LegalFix
Sign In

5-10-8.5-9. "Retired participant"

IN Code § 5-10-8.5-9 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 9. (a) As used in this chapter, "retired participant" means:

(1) A participant who is eligible for and has applied to receive a normal, unreduced or disability retirement benefit (as determined by the Indiana public employee retirement fund of which the participant is a member) on the participant's last day of service.

(2) A participant who has completed at least ten (10) years of service as an elected or appointed officer on the participant's last day of service as an elected or appointed officer. For purposes of determining whether a participant has completed at least ten (10) years of service on the participant's last day of service for purposes of this subdivision, any partial year of service completed by the participant in the year in which the participant is appointed to fill a vacant elected office shall be considered to be one (1) complete year of service.

(b) For a participant described in subsection (a)(2) who has service with more than one (1) employer, the participant's years of service is the sum of all of the participant's years of service.

As added by P.L.44-2007, SEC.1. Amended by P.L.205-2013, SEC.75.

Previous Section
5-10-8.5-8. "Participant"
Next Section
5-10-8.5-9.5. Transfer of service credit; eligible employee