§ 5-10.3-7-7.9 — Service credits; eligibility; computation

Indiana § 5-10.3-7-7.9

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 10.3: THE PUBLIC EMPLOYEES' RETIREMENT
• Ch. 7: Membership; Creditable Service; Contributions

Text

9. (a) This section applies to a person who is
or was an employee of the office of a township executive in a county
having a consolidated city.
(b) Except as provided in subsection (d), for the purposes of
computing benefits and determining eligibility, a member who:
(1) has at least one (1) year of service in a position covered by the
fund;
(2) became a member of the fund after December 31, 1987;
(3) was at least sixty (60) years of age when the member joined
the fund; and
(4) was an employee of the state or a political subdivision
participating in the fund, or both, before January 1, 1988;
is entitled to service credit as provided in subsection (c).
(c) A member who is qualified under subsection (b) is entitled to
service credit for the time the member:
(1) was an employee of the state or a political subdivision
participating in the fund, or both;
(2) was employed in a position covered by the fund; and
(3) was not a member of the fund.
(d) To receive service credit under this section, a member must pay
into the fund the amount the member would have contributed if the
member had been a member of the fund for the period described in
subsection (c).

Legislative History

As added by P.L.1-1990, SEC.61.