§ 5-10.2-3-3 — Deduction of contributions

Indiana § 5-10.2-3-3

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 10.2: PUBLIC RETIREMENT AND DISABILITY
• Ch. 3: Creditable Service; Contributions; Withdrawals; Death

Text

(a) This section:
(1) does not apply to a retired member who begins a period of
reemployment in a covered position more than thirty (30) days
after the member's retirement, except as provided in subdivision
(2); or
(2) applies to the entire period of reemployment for a retired
member of the public employees' retirement fund who, before July
1, 2013, begins a period of reemployment in a covered position.
(b) Members' contributions, other than members' contributions paid
on behalf of a member, shall be deducted from their compensation even
if the net compensation to the member is less than the statutory
minimum.
(c) The payment of a member's compensation minus the deduction
constitutes a complete discharge of all claims for services rendered by
the member during the period covered by the payment, except the
claim for benefits under this article.
As added by Acts 1977, P.L.53, SEC.2. Amended by
P.L.41-1983, SEC.5; P.L.35-1985, SEC.9; P.L.72-2007, SEC.4;
P.L.76-2008, SEC.1; P.L.195-2013, SEC.5.