Indiana § 36-8-6-11 Members dismissed after 20 years' service; benefits

Indiana Statutes

§ 36-8-6-11 — Members dismissed after 20 years' service; benefits

Indiana·Title 36 LOCAL GOVERNMENT·Art. 8 PUBLIC SAFETY·Ch. 6 1925 Police Pension Fund

The 1925 fund shall be used to pay an
amount, equal to the pensions provided by this chapter in the case of
voluntary retirement after twenty (20) years' service, to a member of the
police department who is dismissed for any reason after having been in
actual service for twenty (20) years, including two percent (2%)
additional for each full year of service in excess of twenty (20) years'
service. However, a pension under this section may not exceed in any
year an amount greater than seventy-four percent (74%) of the salary
of a first class patrolman.
[Pre-Local Government Recodification Citation: 19-1-24-3
part.]
As added by Acts 1981, P.L.309, SEC.55.

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The 1925 fund shall be used to pay an
amount, equal to the pensions provided by this chapter in the case of
voluntary retirement after twenty (20) years' service, to a member of the
police department who is dismissed for any reason after having been in
actual service for twenty (20) years, including two percent (2%)
additional for each full year of service in excess of twenty (20) years'
service. However, a pension under this section may not exceed in any
year an amount greater than seventy-four percent (74%) of the salary
of a first class patrolman.
[Pre-Local Government Recodification Citation: 19-1-24-3
part.]
As added by Acts 1981, P.L.309, SEC.55.

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