Bill Sponsors: IN HB1109 | 2018 | Regular Session

Bill Title: Various pension matters. Provides that the default investment option for the legislators' defined contribution plan is a target date fund rather than the Indiana public retirement system's (INPRS) consolidated retirement investment fund. Removes a requirement that only active members of the public employees' retirement fund (PERF) and the Indiana teachers' retirement fund (TRF) may make rollover distributions into annuity savings accounts (ASA) from other qualified retirement accounts. Allows any PERF or TRF member who terminates employment and is not currently employed in a covered position or for the same employer to suspend fund membership, retain the member's creditable service, and

Spectrum: Bipartisan Bill

Status: (Passed) 2018-03-21 - Public Law 179 [HB1109 Detail]

Text: Latest bill text (Enrolled) [PDF]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Martin Carbaugh [R]PrimarySponsored BillsHD-081FollowTheMoneyBallotpediaVoteSmart
Representative Charles Burton [R]CosponsorSponsored BillsHD-058FollowTheMoneyBallotpediaVoteSmart
Representative Charles Moseley [D]CosponsorSponsored BillsHD-010FollowTheMoneyBallotpediaVoteSmart
Senator Philip Boots [R]PrimarySponsored BillsSD-023FollowTheMoneyBallotpediaVoteSmart
Senator Karen Tallian [D]PrimarySponsored BillsSD-004FollowTheMoneyBallotpediaVoteSmart
Senator Lonnie Randolph [D]PrimarySponsored BillsSD-002FollowTheMoneyBallotpediaVoteSmart

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