Indiana Code 36-8-8-9. Conversion from prior fund
Indiana Code 36-8-8-2Terms Used In Indiana Code 36-8-8-9
(c) A police officer or firefighter who:
(1) converted the police officer’s or firefighter’s benefits from a 1925, 1937, or 1953 fund;
(2) retired or became disabled on or before June 30, 1998; and
(3) is entitled to receive benefits provided under this chapter based on the eligibility requirements of this chapter;
shall be treated as a member of this fund for purposes of paying the police officer’s or firefighter’s benefits from the 1977 fund effective for benefits paid on or after October 1, 1998. Prior to October 1, 1998, the police officer or firefighter remains a member of the original fund entitled to receive only the benefits provided under this chapter based on the eligibility requirements of this chapter.
(d) A police officer or firefighter who:
(1) converted the police officer’s or firefighter’s benefits from a 1925, 1937 or 1953 fund;
(2) who did not retire or become disabled on or before June 30, 1998; and
(3) who is entitled to receive benefits provided under this chapter based on the eligibility requirements of this chapter;
remains a member of that original fund but is entitled to receive only the benefits provided under this chapter and based on the eligibility requirements of this chapter.
(e) A police officer or firefighter who converted shall contribute six percent (6%) of the salary of a first class patrolman or firefighter to the 1925, 1937, or 1953 fund. This amount shall be deducted from the police officer’s or firefighter’s salary each pay period by the disbursing officer of the employer. Contributions under this subsection may not be refunded.
[Pre-Local Government Recodification Citations: 19-1-17.8-7 part; 19-1-36.5-7 part.]
As added by Acts 1981, P.L.309, SEC.59. Amended by P.L.3-1990, SEC.134; P.L.22-1998, SEC.18; P.L.127-2017, SEC.260.