Indiana Statutes

§ 33-39-7-12 — Contributions

Indiana·Art. 39 PROSECUTING ATTORNEYS·Ch. 7 Retirement Fund
(a)Except as otherwise provided in this section, each participant shall make contributions to the fund as follows:
(1)A participant described in section 8(a)(1) of this chapter shall make contributions of six percent (6%) of each payment of salary received for services after December 31, 1989.
(2)A participant described in section 8(a)(2) or 8(a)(3) of this chapter shall make contributions of six percent (6%) of each payment of salary received for services after June 30, 1994. A participant's contributions shall be deducted from the participant's monthly salary by the state comptroller and credited to the fund.
(b)The state may pay the contributions for a participant. The state may elect to pay the contribution for the participant as a pickup under Section 414(h) of the Internal Revenu

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Legislative History

As added by P.L.98-2004, SEC.18. Amended by P.L.13-2011, SEC.13; P.L.160-2013, SEC.3; P.L.9-2024, SEC.521.

Nearby Sections

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