Indiana Code 5-10.4-4-14. Service not related to governmental unit; contribution of employer share
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Sec. 14. (a) After December 31, 1994, creditable service does not accrue under:
(2) IC 5-10.2-3-1;
(1) this chapter;
(3) IC 20-28-10-1;
(4) IC 20-28-10-2;
(5) IC 20-28-10-3; or
(6) any other law concerning the fund for leave for other educational employment;
unless the creditable service is directly related to a governmental unit under Section 414(d) of the Internal Revenue Code (as defined in IC 5-10.2-1-3.5).
(b) After June 30, 1995, for members receiving credit for leave for other educational employment under section 7 of this chapter or subsection (a), the board shall assess an actuarially determined employer share amount against the appropriate entity to be paid to the state general fund.
[Pre-2006 Education Finance Recodification Citation: 21-6.1-4-13.]
As added by P.L.2-2006, SEC.28.