Indiana § 5-10.2-1-8 "Vested status"

Indiana Statutes

§ 5-10.2-1-8 — "Vested status"

Indiana § 5-10.2-1-8

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.2PUBLIC RETIREMENT AND DISABILITY

Ch. 1Definitions

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Bluebook

Ind. Code § 5-10.2-1-8 (2026).

Text

(a)Except as provided in subsection (b), "vested status" as used in this article means the status of having ten

(10)years of creditable service.

(b)In the case of a person who is an elected county official whose governing body has provided for the county official's participation in the public employees' retirement fund under IC 5-10.3-7-2(1), "vested status" means the status of having:

(1)at least eight (8) years of creditable service as an elected county official in an office described in IC 5-10.2-4-1.7;

(2)been elected at least two (2) times if the person would have had at least eight (8) years of creditable service as an elected county official in an office described in IC 5-10.2-4-1.7 had the person's term of office not been shortened under a statute enacted under Article 6, Sect

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(a) Except as provided in subsection (b),
"vested status" as used in this article means the status of having ten
(10) years of creditable service.
(b) In the case of a person who is an elected county official whose
governing body has provided for the county official's participation in
the public employees' retirement fund under IC 5-10.3-7-2(1), "vested
status" means the status of having:
(1) at least eight (8) years of creditable service as an elected
county official in an office described in IC 5-10.2-4-1.7;
(2) been elected at least two (2) times if the person would have
had at least eight (8) years of creditable service as an elected
county official in an office described in IC 5-10.2-4-1.7 had the
person's term of office not been shortened under a statute enacted
under Article 6, Section 2(b) of the Constitution of the State of
Indiana; or
(3) at least ten (10) years of creditable service as a member of the
fund based on a combination of service as an elected county
official and as a full-time employee in a covered position.
(c) In the case of a person whose term of office commences after the
election on November 5, 2002, as state comptroller (referred to as
"auditor of state" in the Constitution of the State of Indiana), secretary
of state, or treasurer of state, and who is prohibited by Article 6,
Section 1 of the Constitution of the State of Indiana from serving in that
office for more than eight (8) years during any period of twelve (12)
years, that person shall be vested with at least eight (8) years of
creditable service as a member of the fund.
(d) This subsection applies to an individual elected to the office of
treasurer of state at the election on November 7, 2006. The individual
is vested for purposes of this article if the individual is reelected as
treasurer of state at the 2010 general election and serves in the office
until January 1, 2015.
As added by Acts 1977, P.L.53, SEC.2. Amended by
P.L.73-2002, SEC.1; P.L.88-2005, SEC.1; P.L.115-2008, SEC.4;
P.L.40-2025, SEC.7.