§ 10-12-5-0.3 — Application of certain amendments to chapter; reduction of recomputed supplemental benefit

Indiana § 10-12-5-0.3

• Jurisdiction: Indiana
• Title 10: PUBLIC SAFETY
• Art. 12: STATE POLICE PENSIONS AND BENEFITS
• Ch. 5: Supplemental Pension Benefits

Text

3. (a) The amendments made to sections 3 and
4 of this chapter by P.L.5-2008 apply to supplemental benefits payable
after June 30, 2007, to retired employee beneficiaries of the state police
pre-1987 retirement system established under IC 10-12-3.
(b) The payment of a supplemental benefit recomputed under
sections 3 and 4 of this chapter, as amended by P.L.5-2008, for the
period after June 30, 2007, and before the date on which the
recomputed supplemental benefit is first paid, must be reduced by the
amount of any supplemental benefit computed and paid after June 30,
2007, under sections 3 and 4 of this chapter before those sections were
amended by P.L.5-2008.

Legislative History

As added by P.L.220-2011, SEC.237.