Indiana Code 5-10.3-7-14. Governor’s waiver of membership
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 5-10.3-7-14
- Fund: as used in this article means the public employees' retirement fund. See Indiana Code 5-10.3-1-3
- Member: as used in this article means persons qualifying for membership under Indiana Code 5-10.3-1-5
Sec. 14. A governor who makes an irrevocable choice under IC 4-3-3-1.1 to receive a retirement benefit other than the retirement benefit from the fund under IC 5-10.2 and this article waives the governor’s right to any pension benefit from the fund on and after the date of the governor’s irrevocable choice. After the governor makes that irrevocable choice, the governor is entitled, as a member of the fund, to the contributions required under sections 9 and 9.6 of this chapter. The retirement and surviving spouse benefits for a governor are determined in accordance with IC 4-3-3.
As added by Acts 1980, P.L.9, SEC.4. Amended by P.L.92-2021, SEC.8.