Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Chapter 1. Application
2-3.5-1-1. Completion of Service Before April 30, 1989; Entitlement - Sec. 1. A member of the general assembly who completed...
2-3.5-1-2. Service on April 30, 1989; Election of Benefit Plans - Sec. 2. (a) A member of the general assembly who...
2-3.5-1-3. Elected or Appointed After April 30, 1989; Defined Contribution Plan - Sec. 3. A member of the general assembly who is...
2-3.5-1-4. Service Before and After, but Not on April 30, 1989; Defined Contribution Plan - Sec. 4. (a) A member of the general assembly who:...
Chapter 2. Definitions
2-3.5-2-1. Definitions; Application - Sec. 1. The definitions in this chapter apply throughout this...
2-3.5-2-2. Allocation Date - Sec. 2. "Allocation date" means June 30. As added by...
2-3.5-2-2.5. Americans With Disabilities Act - Sec. 2.5. "Americans with Disabilities Act" refers to the Americans...
2-3.5-2-2.7. Board - Sec. 2.7. "Board" refers to the board of trustees of...
2-3.5-2-3. Defined Benefit Fund - Sec. 3. "Defined benefit fund" refers to the fund for...
2-3.5-2-4. Defined Contribution Fund - Sec. 4. "Defined contribution fund" refers to the fund for...
2-3.5-2-5. Fiscal Year - Sec. 5. "Fiscal year" means the period beginning July 1...
2-3.5-2-6. Internal Revenue Code - Sec. 6. As used in this chapter, "Internal Revenue Code":...
2-3.5-2-7. Participant - Sec. 7. "Participant" means a member of the general assembly...
2-3.5-2-8. Perf - Sec. 8. "PERF" refers to the public employees' retirement fund....
2-3.5-2-9. Repealed - As added by P.L.6-1989, SEC.1. Repealed by P.L.23-2011, SEC.31.
2-3.5-2-10. Salary - Sec. 10. "Salary" means: (1) the salary; and (2) the...
2-3.5-2-11. Service - Sec. 11. "Service" means the period beginning on the day...
2-3.5-2-12. Trf - Sec. 12. "TRF" refers to the state teachers' retirement fund....
2-3.5-2-13. Repealed - As added by P.L.6-1989, SEC.1. Repealed by P.L.23-2011, SEC.31.
Chapter 3. Legislators' Retirement System
2-3.5-3-1. Application of Chapter; Election - Sec. 1. (a) This chapter applies to: (1) each member...
2-3.5-3-2. Establishment; Content; Funds; Administration - Sec. 2. (a) The legislators' retirement system is established. The...
2-3.5-3-3. Qualification Requirements - Sec. 3. The legislators' retirement system shall satisfy the qualification...
2-3.5-3-4. Perf Board; Powers and Duties; Confidentiality of System Records - Sec. 4. (a) The board shall administer the system, which...
2-3.5-3-5. Rollover of Eligible Distributions - Sec. 5. Notwithstanding any other provision of this article, to...
2-3.5-3-6. Administration; Service Credit and Benefits - Sec. 6. (a) Notwithstanding any provision of this article, the...
Chapter 4. Legislators' Defined Benefit Plan
2-3.5-4-1. Application - Sec. 1. This chapter applies to each member of the...
2-3.5-4-2. Members 65 and Older; Monthly Retirement Benefit; Conditions - Sec. 2. A participant who is at least sixty-five (65)...
2-3.5-4-3. Monthly Retirement Benefit; Computation - Sec. 3. The monthly retirement benefit payable for life to...
2-3.5-4-4. Participants 55 and Older; Reduced Monthly Retirement Benefit; Computation - Sec. 4. (a) A participant who is at least fifty-five...
2-3.5-4-4.1. Monthly Retirement Benefit; Conditions - Sec. 4.1. (a) This section applies to a participant who:...
2-3.5-4-5. Disabled Participant; Benefits; Transcripts, Records, and Other Materials - Sec. 5. (a) Except as provided in subsection (b), a...
2-3.5-4-6. Surviving Spouse; Benefits - Sec. 6. (a) The surviving spouse of a participant who:...
2-3.5-4-7. Dependent Children; Benefits - Sec. 7. (a) If a participant's spouse would have qualified...
2-3.5-4-8. Manner of Payment; Application for Benefits; Termination - Sec. 8. (a) All benefits payable under this chapter shall...
2-3.5-4-9. Actuarial Valuation; Annual Determinations - Sec. 9. (a) Based on an actuarial valuation, the board...
2-3.5-4-10. Biennial Appropriations - Sec. 10. (a) For purposes of this chapter, there is...
2-3.5-4-11. Exemptions; Criminal Taking of State Property - Sec. 11. All benefits and assets in the defined benefit...
2-3.5-4-12. Assignment of Benefits - Sec. 12. A participant or beneficiary may not assign any...
2-3.5-4-13. Benefit Increases Payable After June 30, 1992; Calculation - Sec. 13. Subject to IC 2-3.5-3-3(7), the monthly benefit payable...
Chapter 5. Legislators' Defined Contribution Plan
2-3.5-5-1. Application - Sec. 1. This chapter applies to: (1) each member of...
2-3.5-5-2. Defined Contribution Fund; Content - Sec. 2. (a) The defined contribution fund consists of the...
2-3.5-5-3. Alternative Investment Programs - Sec. 3. (a) The board shall establish alternative investment programs...
2-3.5-5-3.5. Default Investment Option - Sec. 3.5. (a) After June 30, 2018, a participant may...
2-3.5-5-4. Participant Contributions to the Fund - Sec. 4. Each participant shall make contributions to the defined...
2-3.5-5-5. Repealed - As added by P.L.6-1989, SEC.1. Repealed by P.L.43-2007, SEC.13.
2-3.5-5-5.5. Contributions Made to Defined Contribution Fund After 12/31/08; "Salary"; Time for Making Contributions; Determination of Contribution Percentage - Sec. 5.5. (a) This section applies to contributions to the...
2-3.5-5-6. Termination of Service; Withdrawal From the Fund - Sec. 6. (a) A participant who terminates service as a...
2-3.5-5-7. Death of Participant; Designated Beneficiaries; Surviving Spouse; Dependent Children - Sec. 7. (a) This section applies to a participant who...
2-3.5-5-8. Biennial Appropriation - Sec. 8. (a) For purposes of this chapter, there is...
2-3.5-5-9. Exemptions; Criminal Taking of State Property - Sec. 9. All benefits and assets in the defined contribution...
2-3.5-5-10. Assignment of Benefits - Sec. 10. A participant or beneficiary may not assign any...
2-3.5-5-11. Loans - Sec. 11. Before January 1, 2002, the board shall adopt...
2-3.5-5-12. Rollover Distributions - Sec. 12. (a) To the extent permitted by the Internal...