Sec. 1.7. (a) This section applies only to members of the public employees’ retirement fund who retire after June 30, 2002.

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Terms Used In Indiana Code 5-10.2-4-1.7

  • Fund: as used in this article means the Indiana state teachers' retirement fund and the public employees' retirement fund. See Indiana Code 5-10.2-1-2
  • Member: as used in this article means a member of the Indiana state teachers' retirement fund or of the public employees' retirement fund. See Indiana Code 5-10.2-1-4
  • Statute: A law passed by a legislature.
  • vested status: as used in this article means the status of having ten (10) years of creditable service. See Indiana Code 5-10.2-1-8
     (b) A member is eligible for normal retirement after becoming sixty-five (65) years of age if the member:

(1) has:

(A) served as an elected county official in an office described in Article 6, § 2 of the Constitution of the State of Indiana for at least eight (8) years; or

(B) been elected at least two (2) times and would have served at least eight (8) years as an elected county official in an office described in Article 6, § 2 of the Constitution of the State of Indiana had the member’s term of office not been shortened under a statute enacted under Article 6, Section 2(b) of the Constitution of the State of Indiana; and

(2) is prohibited by Article 6, § 2 of the Constitution of the State of Indiana from serving in that office for more than eight (8) years in any period of twelve (12) years.

     (c) A member who:

(1) has served as an elected county official; and

(2) does not meet the requirements of subsection (b);

is eligible for normal retirement if the member has attained vested status (as defined in IC 5-10.2-1-8(b)(3)) and meets the requirements of section 1 of this chapter.

As added by P.L.73-2002, SEC.3. Amended by P.L.88-2005, SEC.2.