Indiana § 5-10.2-4-10 Benefits after reemployment

Indiana Statutes

§ 5-10.2-4-10 — Benefits after reemployment

Indiana § 5-10.2-4-10

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.2PUBLIC RETIREMENT AND DISABILITY

Ch. 4Retirement and Disability Benefits

This text of Indiana § 5-10.2-4-10 (Benefits after reemployment) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 5-10.2-4-10 (2026).

Text

(a)This section applies only to a retired member of the public employees' retirement fund who, before July 1, 2013, begins a period of reemployment in a covered position more than thirty (30) days after the member's retirement.

(b)Benefits provided under this section are subject to IC 5-10.2-2-1.5.

(c)Upon termination of reemployment, except by death, the retirement benefits from before the member's reemployment which are payable after termination shall be paid without change.

(d)If the member is reemployed for fewer than ninety (90) consecutive school or working days, upon termination of reemployment, contributions and interest credited to the member's annuity savings account shall be paid to the member.

(e)If the member is reemployed for ninety (90) or more consecutive school or wor

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(a) This section applies only to a retired
member of the public employees' retirement fund who, before July 1,
2013, begins a period of reemployment in a covered position more than
thirty (30) days after the member's retirement.
(b) Benefits provided under this section are subject to IC 5-10.2-2-1.5.
(c) Upon termination of reemployment, except by death, the
retirement benefits from before the member's reemployment which are
payable after termination shall be paid without change.
(d) If the member is reemployed for fewer than ninety (90)
consecutive school or working days, upon termination of
reemployment, contributions and interest credited to the member's
annuity savings account shall be paid to the member.
(e) If the member is reemployed for ninety (90) or more consecutive
school or working days, upon termination of reemployment, the
member shall receive an additional benefit.
(f) The additional retirement benefit consists of the sum of a
supplemental pension and a supplemental annuity. The supplemental
pension is computed under section 4 of this chapter using the
member's:
(1) years of service during the member's reemployment; and
(2) average compensation during the member's reemployment, if
the member is reemployed for less than five (5) years, or average
of the annual compensation (as defined in section 3 of this
chapter) during the member's reemployment.
If the member is entitled to a supplemental annuity, it consists of an
annuity provided by contributions and interest credited to the member
during reemployment, if any.
(g) The additional retirement benefits are guaranteed for five (5)
years or until the member's death, whichever is later. The member may
choose instead of the guaranteed payments any of the options under
section 7 of this chapter for the payment of the member's additional
retirement benefits.
(h) IC 5-10.2-2-7 applies to additional retirement benefits.
As added by Acts 1977, P.L.53, SEC.2. Amended by
P.L.49-1985, SEC.2; P.L.40-1986, SEC.2; P.L.55-1989, SEC.20;
P.L.22-1993, SEC.3; P.L.25-1994, SEC.5; P.L.246-2001, SEC.8;
P.L.72-2007, SEC.7; P.L.76-2008, SEC.4; P.L.195-2013,
SEC.8.