Bill Text: IN SB0085 | 2019 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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: Slight Partisan Bill (Republican 13-5)
Status: (Passed) 2019-05-01 - Public Law 146 [SB0085 Detail]
Download: Indiana-2019-SB0085-Introduced.pdf
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: Slight Partisan Bill (Republican 13-5)
Status: (Passed) 2019-05-01 - Public Law 146 [SB0085 Detail]
Download: Indiana-2019-SB0085-Introduced.pdf
