Sec. 0.1. The following amendments to this chapter apply as follows: (1) The addition of section 20 of this chapter by P.L.223-1986 applies only to fund members who die after March 10, 1986. (2) The amendments made to section 8 of this chapter by P.L.171-1990 apply to all benefits paid after March 15, 1990. (3) […]
Sec. 1. (a) This chapter applies to pension benefits for members of police departments hired before May 1, 1977, in second and third class cities, and in towns that have established a board of metropolitan police commissioners. (b) A police officer with twenty (20) years of service is covered by this chapter and not by […]
Sec. 1.5. (a) As used in this chapter, “Internal Revenue Code”: (1) means the Internal Revenue Code of 1954, as in effect on September 1, 1974, if permitted with respect to governmental plans; or (2) to the extent not inconsistent with subdivision (1), has the meaning set forth in IC 6-3-1-11. (b) The 1925 fund […]
Sec. 1.7. As used in this chapter, “Americans with Disabilities Act” refers to the Americans with Disabilities Act (42 U.S.C. 12101 et seq.) and any amendments and regulations related to the Act. As added by P.L.4-1992, SEC.32.
Sec. 1.9. The 1925 fund shall be administered in a manner that is consistent with the Americans with Disabilities Act, to the extent required by the Act. As added by P.L.4-1992, SEC.33.
[Pre-Local Government Recodification Citation: 19-1-24-3 part.] As added by Acts 1981, P.L.309, SEC.55. Amended by Acts 1981, P.L.182, SEC.5; Acts 1982, P.L.213, SEC.2; P.L.363-1983, SEC.1; P.L.364-1983, SEC.1. Repealed by P.L.50-1984, SEC.9.
Sec. 10.1. (a) This section applies to a member who dies in the line of duty after August 31, 1982. (b) The surviving spouse is entitled to a monthly benefit, during the spouse’s lifetime, equal to the benefit to which the member would have been entitled on the date of the member’s death, but no […]
Sec. 11. The 1925 fund shall be used to pay an amount, equal to the pensions provided by this chapter in the case of voluntary retirement after twenty (20) years’ service, to a member of the police department who is dismissed for any reason after having been in actual service for twenty (20) years, including […]
Sec. 12. The monthly pension payable to a member or survivor under this chapter may not be reduced below the amount of the first full monthly pension received by that person. [Pre-Local Government Recodification Citation: 19-1-24-3.5.] As added by Acts 1981, P.L.309, SEC.55.
Sec. 13. (a) A member of the police department placed on the retired list, except those that have served on the department for twenty (20) years or more and have been retired for that reason, shall report for duty to the chief of police as is provided in the bylaws of the local board. A […]
Sec. 14. (a) If there is not sufficient money to the credit of the 1925 fund to pay all claims against it in full, claims arising from the death of members of the department shall be paid in full first with as little delay as possible, after which an equal percentage shall be paid upon […]
Sec. 15. A pension may not be paid to an employee of the police department who at the time of the employee’s appointment was thirty-six (36) years of age or older, or who failed at that time to pass the medical examination required by the board. However, such a person is exempt from paying or […]
Sec. 16. (a) Notwithstanding section 15 of this chapter, all employees of the police department at the time a municipality established a 1925 fund, regardless of their age at the time they became members of the department, became members of the 1925 fund and are entitled to all the benefits of it. They shall pay […]
Sec. 17. If a person who has received a benefit from the 1925 fund fails to report for duty or for examination, or otherwise fails to comply with legal requirements imposed by the local board, the local board may, after notice to the person, discontinue or reduce future payments. [Pre-Local Government Recodification Citation: 19-1-24-5 part.] […]
Sec. 18. If a second or third class city maintains a police pension fund that pays a smaller amount to the beneficiary under prior statutes governing the pension fund, this chapter does not increase those amounts. [Pre-Local Government Recodification Citation: 19-1-24-6.] As added by Acts 1981, P.L.309, SEC.55.
Sec. 19. (a) Remuneration or allowances for fringe benefits, incentive pay, holiday pay, insurance, clothing, automobiles, firearms, education, overtime, or compensatory time off may not be used in the computation of benefits under this chapter. (b) If the remuneration or allowances described in subsection (a) were used to compute benefits for a recipient who began […]
Sec. 2. (a) A police pension fund to be known as the 1925 fund is established in each municipality described in section 1(a) of this chapter. (b) The 1925 fund shall be managed by a board of trustees (referred to as the “local board” in this chapter) having at least seven (7) but not more […]
Sec. 20. (a) As used in this section, “dies in the line of duty” has the meaning set forth in section 10.1 of this chapter. (b) A special death benefit of one hundred fifty thousand dollars ($150,000) for a fund member who dies in the line of duty before July 1, 2020, and two hundred […]
Sec. 21. Notwithstanding any other provision of this chapter, to the extent required by Internal Revenue Code Section 401(a)(31), as added by the Unemployment Compensation Amendments of 1992 (P.L.102-318), and any amendments and regulations related to Section 401(a)(31), the 1925 fund shall allow participants and qualified beneficiaries to elect a direct rollover of eligible distributions […]
Sec. 3. (a) The municipal executive is president of the local board, the municipal fiscal officer is its treasurer, and the local board shall select one (1) of its members secretary. The secretary shall be paid out of the 1925 fund a sum for the secretary’s services as fixed by the local board. (b) The […]
