Bill Text: IN SB0085 | 2019 | Regular Session | Amended

Bill Title: 1977 fund retirement and surviving spouse benefits. Increases the basic monthly pension benefit payable to a member of the 1977 police officers' and firefighters' pension and disability fund (1977 fund) who retires after June 30, 2019, with 20 years of service from 50% to 52% of the monthly salary of a first class patrolman or firefighter in the year the member ended active service. Increases from 60% to 70% of the member's monthly benefit the monthly benefit paid to a surviving spouse of a 1977 fund member who dies after June 30, 2019, other than in the line of duty.

Spectrum: Partisan Bill (Republican 5-0)

Status: (Introduced) 2019-01-16 - Committee report: do pass adopted; reassigned to Committee on Appropriations [SB0085 Detail]

Download: Indiana-2019-SB0085-Amended.pdf
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