Indiana Code 5-10.3-7-7.5. Exclusion of service before prior service credit date contained in resolution
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 5-10.3-7-7.5
- Member: as used in this article means persons qualifying for membership under Indiana Code 5-10.3-1-5
- Political subdivision: as used in this article means a county, city, town, township, political body corporate, public school corporation, public library, public utility of a county, city, town, township, and any department of, or associated with, a county, city, town, or township, which department receives revenue independently of, or in addition to, funds obtained from taxation. See Indiana Code 5-10.3-1-6
Sec. 7.5. Notwithstanding IC 5-10.2-3-1, for the purpose of computing benefits the creditable service of a member covered by an ordinance or resolution adopted by a political subdivision‘s governing body under IC 5-10.3-6-1(e) excludes all service with the political subdivision before the prior service credit date contained in the resolution. However, service with the political subdivision before the prior service credit date shall be considered for the purpose of determining eligibility for benefits.
As added by P.L.60-1987, SEC.3. Amended by P.L.241-2015, SEC.21.