Indiana Code 36-8-8.5-9. Eligibility
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Terms Used In Indiana Code 36-8-8.5-9
- applicable fund: means the following:
Indiana Code 36-8-8.5-3
- DROP: means the deferred retirement option plan established by this chapter. See Indiana Code 36-8-8.5-4
- DROP entry date: means the date that a member's DROP election becomes effective. See Indiana Code 36-8-8.5-6
Sec. 9. A member may make a DROP election as provided in this chapter only if the member is eligible to receive an unreduced benefit under the provisions of the applicable fund on the member’s DROP entry date.
As added by P.L.62-2002, SEC.5.