Comments: IN HB1463 | 2017 | Regular Session

Bill Title: Teachers' defined contribution plan. Establishes the teachers' defined contribution plan (plan) as an account within the Indiana state teachers' retirement fund (fund). Provides that an individual who begins employment with a school corporation in a covered position that would otherwise be eligible for membership in the fund may elect to become a member of the plan. Provides that an individual who does not elect to become a member of the plan becomes a member of the fund. Requires the board of trustees of the Indiana public retirement system (board) to establish, subject to any approval from the Internal Revenue Service

Spectrum: Partisan Bill (Republican 7-0)

Status: (Enrolled - Dead) 2017-04-11 - Senator Ruckelshaus added as advisor [HB1463 Detail]

Text: Latest bill text (Engrossed) [PDF]

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