Indiana Code
Chapter 12. Public Employees' Defined Contribution Plan
5-10.3-12-32. Election by State or Participating Political Subdivision to Allow Plan Participation by Retired Reemployed Fund Members

Sec. 32. (a) Notwithstanding section 20 and section 31(b) of this chapter, the state may elect to allow an individual who meets the following conditions to begin or resume membership in the plan for a period of reemployment with the state on the later of the date the board receives notice that the state has made an election under this subsection or the date on which the individual's period of reemployment begins:
(1) The individual is a retired member (as defined in IC 5-10.3-1-5) of the fund.
(2) The individual is prohibited from making contributions to the fund under IC 5-10.2-4-8(e) during a period of reemployment that begins more than thirty (30) days after the member retired.
(3) On or after the date the board receives notice that the state has made an election under this subsection, the individual begins, or is engaged in, a period of reemployment with the state in a position that would otherwise be covered by the fund.
An election by the state under this subsection must be made as provided under IC 5-10.2-2-23 and is effective on the date that notice of the election is filed with the board.
(b) Notwithstanding section 20.5 and section 31(c) of this chapter, a participating political subdivision may adopt an ordinance or resolution allowing an individual who meets the following conditions to begin or resume membership in the plan for a period of reemployment with the participating political subdivision on the later of the date the ordinance or resolution adopted by the participating political subdivision is filed with the board or the date on which the individual's period of reemployment begins:
(1) The individual is a retired member (as defined in IC 5-10.3-1-5) of the fund.
(2) The individual is prohibited from making contributions to the fund under IC 5-10.2-4-8(e) during a period of reemployment that begins more than thirty (30) days after the member retired.
(3) On or after the date a participating political subdivision files an ordinance or resolution adopted under this subsection, the individual begins, or is engaged in, a period of reemployment with a participating political subdivision as a full-time employee in a position that would otherwise be covered by the fund.
An election by a participating political subdivision under this subsection is effective on the date the ordinance or resolution adopted by a participating political subdivision is filed with the board.
As added by P.L.209-2016, SEC.8.

Structure Indiana Code

Indiana Code

Title 5. State and Local Administration

Article 10.3. The Public Employees' Retirement Fund

Chapter 12. Public Employees' Defined Contribution Plan

5-10.3-12-1. Applicability of Chapter

5-10.3-12-2. "Account"

5-10.3-12-3. "Annuity Savings Account"

5-10.3-12-4. "Board"

5-10.3-12-5. "Compensation"

5-10.3-12-6. "Dies in the Line of Duty"

5-10.3-12-7. "Effective Date"

5-10.3-12-7.5. "Employees of the State"

5-10.3-12-8. "Employer"

5-10.3-12-9. "Employer Contribution Subaccount"

5-10.3-12-10. "Fund"

5-10.3-12-11. "Internal Revenue Code"

5-10.3-12-12. "Member"

5-10.3-12-13. "Member Contribution Account"

5-10.3-12-14. "Normal Retirement Age"

5-10.3-12-14.5. "Participating Political Subdivision"

5-10.3-12-15. "Plan"

5-10.3-12-15.5. "Volunteer Fire Department"

5-10.3-12-16. "Years of Participation"

5-10.3-12-17. Applicability of Other Laws

5-10.3-12-18. Establishment and Administration of Plan; Internal Revenue Service Approval

5-10.3-12-19. Authorization to Request Internal Revenue Service Rulings or Determination Letters

5-10.3-12-20. Plan Membership; Election; Fund Membership

5-10.3-12-20.3. Election During July 2016, by First Time State Employee Who Is Fund Member

5-10.3-12-20.5. Election by Employee of Political Subdivision to Become Plan Member; Failure to Make Election

5-10.3-12-21. Plan; Member Accounts; Rollover Accounts

5-10.3-12-22. Alternative Investment Programs; Stable Value Fund Program; Requirements and Rules; Administrative Fees

5-10.3-12-23. Member Required Contributions; Additional Contributions; Crediting; Employer Pick-Up and Payment

5-10.3-12-24. State Employer Contribution; Contribution Rate Determination; Minimum Rate; Amounts Credited; Electronic Submission of Contributions

5-10.3-12-24.5. Political Subdivision Employer Contribution; Contribution Rate Determination; Amounts Credited; Electronic Submission of Contributions

5-10.3-12-24.7. Political Subdivision Contributions; Members of a Volunteer Fire Department

5-10.3-12-25. Member Contributions Belong to Member; Vesting Schedule for Employer Contributions; Forfeiture of Amounts Not Vested

5-10.3-12-26. Member Accounts; Withdrawals; Forms of Payment

5-10.3-12-27. Member Accounts; Beneficiary or Survivor Withdrawals; Forms of Payment

5-10.3-12-28. Plan Exempt From Legal Process; Assignment of Payments

5-10.3-12-29. Rollover Contributions; Rollover Accounts

5-10.3-12-30. Member Accounts; Disability Withdrawals; Forms of Payment

5-10.3-12-31. Effect of Reemployment on Plan Participation

5-10.3-12-32. Election by State or Participating Political Subdivision to Allow Plan Participation by Retired Reemployed Fund Members