Indiana Code 5-10.3-7-9. Member contributions
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Sec. 9. (a) This section:
(2) applies to the entire period of reemployment for a retired member of the public employees’ retirement fund who, before July 1, 2013, begins a period of reemployment in a covered position.
(1) does not apply to a retired member who begins a period of reemployment in a covered position more than thirty (30) days after the member’s retirement, except as provided in subdivision (2); or
Terms Used In Indiana Code 5-10.3-7-9
- Employer: as used in this article means the state for employees of the state and a political subdivision for its employees. See Indiana Code 5-10.3-1-2
- 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
(b) Each member shall contribute three percent (3%) of the member’s compensation to the fund as specified in IC 5-10.2-3. However, for a member who is a state employee, the employer shall pay the contribution for the member, and for a member who is not a state employee, the employer may pay all or a part of the contribution for the member.
As added by Acts 1977, P.L.53, SEC.3. Amended by P.L.41-1983, SEC.8; P.L.35-1985, SEC.22; P.L.55-1989, SEC.23; P.L.246-2001, SEC.11; P.L.195-2013, SEC.12.