Indiana § 5-10.3-7-14 Governor's waiver of membership

Indiana Statutes

§ 5-10.3-7-14 — Governor's waiver of membership

Indiana § 5-10.3-7-14

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.3THE PUBLIC EMPLOYEES' RETIREMENT

Ch. 7Membership; Creditable Service; Contributions;

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Bluebook

Ind. Code § 5-10.3-7-14 (2026).

Text

A governor who makes an irrevocable
choice under IC 4-3-3-1.1 to receive a retirement benefit other than the
retirement benefit from the fund under IC 5-10.2 and this article waives
the governor's right to any pension benefit from the fund on and after
the date of the governor's irrevocable choice. After the governor makes
that irrevocable choice, the governor is entitled, as a member of the
fund, to the contributions required under sections 9 and 9.6 of this
chapter. The retirement and surviving spouse benefits for a governor
are determined in accordance with IC 4-3-3.
As added by Acts 1980, P.L.9, SEC.4. Amended by
P.L.92-2021, SEC.8.

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A governor who makes an irrevocable
choice under IC 4-3-3-1.1 to receive a retirement benefit other than the
retirement benefit from the fund under IC 5-10.2 and this article waives
the governor's right to any pension benefit from the fund on and after
the date of the governor's irrevocable choice. After the governor makes
that irrevocable choice, the governor is entitled, as a member of the
fund, to the contributions required under sections 9 and 9.6 of this
chapter. The retirement and surviving spouse benefits for a governor
are determined in accordance with IC 4-3-3.
As added by Acts 1980, P.L.9, SEC.4. Amended by
P.L.92-2021, SEC.8.