36-8-7.5-21. Remuneration or Allowances Not to Be Used in Computation of Benefits
Sec. 21. (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 […]
36-8-7.5-22. Special Lump Sum Death Benefit in Addition to Other Benefits
Sec. 22. (a) As used in this section, “dies in the line of duty” has the meaning set forth in section 14.1 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 […]
36-8-7.5-13. Disability Retirement; Benefits; Procedure for Determination of Disability and Reinstatement; Period of Disability Credited
Sec. 13. (a) For a member who becomes disabled before July 1, 2000, the 1953 fund shall be used to pay a pension in an annual sum equal to: (1) fifty percent (50%) for a disease or disability occurring before July 1, 1991; and (2) fifty-five percent (55%) for a disease or disability occurring after […]
36-8-7.5-23. Rollover to Eligible Retirement Plan
Sec. 23. 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 1953 fund shall allow participants and qualified beneficiaries to elect a direct rollover of eligible distributions […]
36-8-7.5-13.2. Determination Whether Disability in Line of Duty
Sec. 13.2. (a) If a local board determines that a fund member has a temporary or a permanent disability, the local board shall also make a recommendation to the board of trustees of the Indiana public retirement system (referred to in this section as “the system board”) concerning whether the disability is: (1) a disability […]
36-8-7.5-13.6. Members Dying Other Than in Line of Duty
Sec. 13.6. (a) This section applies to an active or retired member who dies other than in the line of duty (as defined in section 14.1 of this chapter). (b) The 1953 fund shall be used to pay an annuity, computed under subsection (g) and payable in monthly installments, to the surviving spouse of a […]
36-8-7.5-13.7. Members Dying in Line of Duty Before September 1, 1982
Sec. 13.7. (a) This section applies to a member who died in the line of duty (as defined in section 14.1 of this chapter) before September 1, 1982. (b) The 1953 fund shall be used to pay an annuity, computed under subsection (g) and payable in monthly installments, to the surviving spouse of a member. […]
36-8-7.5-3. Officers of Local Board; Powers and Duties; Secretary’s Bond; Reports
Sec. 3. (a) The city executive is president of the local board, the police chief is its vice president, the county treasurer is its treasurer, and the local board shall elect a secretary. The secretary shall be paid out of the 1953 fund a sum for the secretary’s services as fixed by the local board. […]
36-8-7.5-4. Management of Revenue of Fund by Local Board
Sec. 4. (a) The local board shall ensure and confirm that: (1) all amounts specified in this chapter to be applied to the 1953 fund, from any sources, are collected and applied to the fund; (2) the various sums to be deducted from the salaries of the police officers concerned are deducted and are paid […]
36-8-7.5-5. Applications to Local Board for Annuities, Pensions, and Benefits
Sec. 5. (a) The local board shall consider and pass upon all applications for annuities, pensions, and benefits. (b) The local board shall authorize the payment of any annuity, pension, or benefit, whether granted under this chapter or under any other statute superseded by this chapter. (c) The local board may inquire into the validity […]