Sec. 3. A deferred compensation plan established under this chapter exists and serves in addition to other retirement, pension and benefit systems established by the state, or political subdivision, and may not effect a reduction of any retirement, pension or other benefit provided by applicable law. Any compensation deferred under such a plan shall continue to be included as regular compensation for the purpose of computing the retirement and pension benefits earned by any employee.
Formerly: Acts 1975, P.L.42, SEC.1. As amended by Acts 1977, P.L.51, SEC.1.
Structure Indiana Code
Title 5. State and Local Administration
Article 10. Public Employee Benefits
Chapter 1.1. Public Employees Deferred Compensation Plans
5-10-1.1-1. Nonqualified Deferred Compensation Plans; Employee Savings Plans
5-10-1.1-1.5. Defined Contribution Plan
5-10-1.1-3. Effective and Operative Dates
5-10-1.1-3.5. Deferred Compensation Plan; Automatic Enrollment
5-10-1.1-4. Deferred Compensation Committee; State Employees' Deferred Compensation Plan
5-10-1.1-6. Obligations of State or Political Subdivision
5-10-1.1-7. Participation by Political Subdivisions
5-10-1.1-7.5. Unused Excess Accrued Leave
5-10-1.1-8. Supplemental Effect of Chapter
5-10-1.1-9. Amounts to Be Held for Exclusive Benefit of Participants and Beneficiaries