Indiana Code 5-10.1-1-3. “Employer contribution” and “matching contribution”
Current as of: 2024 | Check for updates
|
Other versions
Sec. 3. “Employer contribution” and “matching contribution”, as used in this article, means the tax imposed by section 3111 of the Internal Revenue Code.
As added by Acts 1977, P.L.53, SEC.1. Amended by P.L.2-1987, SEC.11.
Indiana Code 5-10-1.1-3. Effective and operative dates
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 5-10-1.1-3
- employee: means any person, including a person elected, appointed or under contract, receiving compensation from the state or any political subdivision as described in section 1 of this chapter. See Indiana Code 5-10-1.1-2
Sec. 3. A deferred compensation plan established under this chapter exists and serves in addition to other retirement, pension and benefit systems established by the state, or political subdivision, and may not effect a reduction of any retirement, pension or other benefit provided by applicable law. Any compensation deferred under such a plan shall continue to be included as regular compensation for the purpose of computing the retirement and pension benefits earned by any employee.
Formerly: Acts 1975, P.L.42, SEC.1. As amended by Acts 1977, P.L.51, SEC.1.