Indiana Statutes

§ 21-38-1-2 — "Compensation"

Indiana·Title 21 HIGHER EDUCATION·Art. 38 STATE EDUCATIONAL INSTITUTIONS:·Ch. 1 General Provisions; Definitions

"Compensation" means the sum of the following:

(1)The fiscal year salary received by an employee.
(2)An amount not to exceed two thousand dollars ($2,000) received from the state educational institution in contemplation of the employee's retirement, including severance pay, termination pay, retirement bonus, or commutation of sick leave or personal leave. [Pre-2007 Higher Education Recodification Citation: 21-6.1-8-1(1).]

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Indiana § 21-38-1-2 ("Compensation") — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.2-2007, SEC.279.

Nearby Sections

15
§ 21-12-1-1
Definitions
§ 21-12-1-11
"Fund"
§ 21-12-1-12
Repealed
§ 21-12-1-13
"Program"
§ 21-12-1-14
"Scholarship"
§ 21-12-1-2
"Academic term"
§ 21-12-1-3
"Academic year"
§ 21-12-1-4
"Active duty"
§ 21-12-1-4.5
"Adult student grant"
§ 21-12-1-6
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