Bill Text: IN HB1004 | 2016 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: School pension plans and other education matters. 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
Spectrum: Partisan Bill (Republican 7-0)
Status: (Engrossed - Dead) 2016-02-22 - Amendment #3 (Tallian) failed; Roll Call 188: yeas 13, nays 37 [HB1004 Detail]
Download: Indiana-2016-HB1004-Introduced.pdf
Bill Title: School pension plans and other education matters. 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
Spectrum: Partisan Bill (Republican 7-0)
Status: (Engrossed - Dead) 2016-02-22 - Amendment #3 (Tallian) failed; Roll Call 188: yeas 13, nays 37 [HB1004 Detail]
Download: Indiana-2016-HB1004-Introduced.pdf
