IN HB1463 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 17 2023 - 25% progression, died in committee
Action: 2023-01-17 - First reading: referred to Committee on Employment, Labor and Pensions
Pending: House Employment, Labor and Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Indiana state police pension. Establishes the state police 2023 retirement benefit system. Provides for a pension benefit based on the salary of a trooper with 25 years of service. Automatically adjusts the pension benefit each time the maximum salary for a trooper with 25 years of service is increased. Specifies that the new system applies to current and retired officers who were employed before July 1, 2023, and elect to participate in the 2023 retirement benefit plan and to officers employed for the first time after June 30, 2023.

Tracking Information

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Title

Indiana state police pension.

Sponsors


History

DateChamberAction
2023-01-17HouseFirst reading: referred to Committee on Employment, Labor and Pensions
2023-01-17HouseAuthored by Representative Davis

Subjects


Indiana State Sources


Bill Comments

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