IN SB0420 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2010 - 25% progression, died in committee
Action: 2010-01-14 - First reading: referred to Committee on Pensions and Labor
Pending: Senate Pensions and Labor Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 14 2010 - 25% progression, died in committee
Action: 2010-01-14 - First reading: referred to Committee on Pensions and Labor
Pending: Senate Pensions and Labor Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Reduces from ten to eight the number of years of creditable service a member of the public employees' retirement fund (PERF) must earn to obtain vested status. Reduces the minimum monthly retirement benefit for a PERF member from $180 with 10 years of creditable service to $144 with eight years of creditable service.
Title
PERF vesting period and minimum benefit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-14 | First reading: referred to Committee on Pensions and Labor | |
| 2010-01-14 | Authored by Senator Kruse |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2010&session=1&request=getBill&doctype=SB&docno=0420 |
| Text | http://www.in.gov/legislative/bills/2010/IN/IN0420.1.html |
