Indiana Senate Bill 265 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on April 15 2015 - 100% progression
Action: 2015-04-15 - Public Law 8
Text: Latest bill text (Enrolled) [PDF]

Purchase of service credit. Permits a member of the public employees' retirement fund (PERF) to purchase at full actuarial cost the member's prior service in the 1977 police officers' and firefighters' pension and disability fund (1977 fund). Requires the board of trustees of the Indiana public retirement system to transfer from the 1977 fund to PERF the member's contributions and the present value of the unreduced benefit payable upon retirement that is attributable to the member. Requires the transferred amounts to be credited against the contributions required to purchase the member's prior 1977 fund service. Permits the member's employer to

Purchase of service credit. Permits a member of the public employees' retirement fund (PERF) to purchase at full actuarial cost the member's prior service in the 1977 police officers' and firefighters' pension and disability fund (1977 fund). Requires the board of trustees of the Indiana public retirement system to transfer from the 1977 fund to PERF the member's contributions and the present value of the unreduced benefit payable upon retirement that is attributable to the member. Requires the transferred amounts to be credited against the contributions required to purchase the member's prior 1977 fund service. Permits the member's employer to

Sen. Dennis Kruse [R]	Sen. Philip Boots [R]	Sen. Karen Tallian [D]	Rep. Casey Cox [R]
Rep. Doug Gutwein [R]	Rep. Charles Moseley [D]	Rep. John Bartlett [D]

2015-03-23 - House - House - Third reading (Y: 93 N: 0 NV: 1 Abs: 6) [PASS]
2015-03-17 - House - House Committee on Employment, Labor and Pensions - Committee Vote (Y: 11 N: 0 NV: 0 Abs: 2) [PASS]
2015-01-27 - Senate - Senate - Third reading (Y: 50 N: 0 NV: 0 Abs: 0) [PASS]
2015-01-14 - Senate - Senate Committee on Pensions & Labor - Committee Vote (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2015-04-15	Senate	Public Law 8
2015-04-15	Senate	Signed by the Governor
2015-04-14	Senate	Signed by the President of the Senate
2015-03-31	House	Signed by the Speaker
2015-03-26	Senate	Signed by the President Pro Tempore
2015-03-24	House	Returned to the Senate without amendments
2015-03-23	House	Representative Bartlett added as cosponsor
2015-03-23	House	Third reading: passed; Roll Call 309: yeas 93, nays 0
2015-03-19	House	Representatives Gutwein and Moseley added as cosponsors
2015-03-19	House	Amendment #2 (Goodin) ruled out of order voice vote
2015-03-19	House	Amendment #1 (Goodin) motion withdrawn voice vote
2015-03-19	House	Second reading: ordered engrossed
2015-03-17	House	Committee report: do pass, adopted
2015-03-02	House	First Reading: referred to Committee on Employment, Labor and Pensions
2015-02-06	Senate	Referred to the House
2015-01-27	Senate	Representative Cox added as sponsor
2015-01-27	Senate	Third reading: passed; Roll Call 46: yeas 50, nays 0
2015-01-26	Senate	Amendment #1 (Kruse) prevailed; voice vote
2015-01-26	Senate	Reread second time: amended, ordered engrossed
2015-01-22	Senate	Senator Tallian added as coauthor
2015-01-22	Senate	Placed back on second reading
2015-01-20	Senate	Senator Boots added as second author
2015-01-20	Senate	Second reading: ordered engrossed
2015-01-15	Senate	Committee report: amend do pass, adopted
2015-01-07	Senate	First Reading: referred to Committee on Pensions & Labor
2015-01-07	Senate	Authored by Senator Kruse

Type	Source
Summary	https://iga.in.gov/legislative/2015/bills/senate/265/details
Text	http://iga.in.gov/static-documents/7/c/2/5/7c25d2a7/SB0265.01.INTR.pdf
Text	http://iga.in.gov/static-documents/4/4/3/2/44324f58/SB0265.01.INTR.pdf
Text	http://iga.in.gov/static-documents/e/8/e/6/e8e6fd82/SB0265.02.COMS.pdf
Text	http://iga.in.gov/static-documents/4/7/e/7/47e70da3/SB0265.02.COMS.pdf
Text	http://iga.in.gov/static-documents/d/2/1/f/d21f04ca/SB0265.03.ENGS.pdf
Text	http://iga.in.gov/static-documents/7/6/3/f/763fef94/SB0265.03.ENGS.pdf
Text	http://iga.in.gov/static-documents/f/d/c/c/fdcca13a/SB0265.04.COMH.pdf
Text	http://iga.in.gov/static-documents/8/d/a/0/8da08ed3/SB0265.04.COMH.pdf
Text	http://iga.in.gov/static-documents/1/d/6/4/1d64a7fe/SB0265.05.ENRS.pdf
Roll Call	http://iga.in.gov/static-documents/3/d/3/b/3d3b8fd1/SB0265.01.INTR.pdf
Roll Call	http://iga.in.gov/static-documents/4/c/f/6/4cf68197/SB0265.46.pdf
Roll Call	http://iga.in.gov/static-documents/2/d/b/2/2db29b5a/SB0265.03.ENGS.pdf
Roll Call	http://iga.in.gov/static-documents/5/8/1/2/58123483/SB0265.309.pdf