5-10-12-1. “Department” Defined

Sec. 1. As used in this chapter, “department” means the state personnel department. As added by P.L.195-1999, SEC.8.

5-10-12-2. “State Agency” Defined

Sec. 2. As used in this chapter, “state agency” means an authority, board, branch, commission, committee, department, division, or other instrumentality of state government, but does not include: (1) a state educational institution; (2) a state elected official’s office; and (3) the legislative and judicial branches of state government. As added by P.L.195-1999, SEC.8. Amended […]

5-10-12-3. Eligibility

Sec. 3. (a) Subject to subsections (b) and (c), an employee who: (1) has at least ten (10) years of creditable service with a state agency; (2) retires after June 30, 2000; and (3) has accrued and unused sick days, vacation days, or personal days on the employee’s retirement date; is entitled to have the […]

5-10-12-4. Payments to Plan

Sec. 4. (a) The department shall adopt rules under IC 4-22-2 that it considers necessary to make periodic payments to a cafeteria plan under Section 125 of the Internal Revenue Code on behalf of retired employees described in section 3 of this chapter and to otherwise carry out this chapter. (b) The rules adopted by […]

5-10-12-5. Calculation of Deposits

Sec. 5. The amount that shall be deposited on behalf of a participating retired employee may not exceed five thousand dollars ($5,000) and is based on: (1) the hourly rate the employee was paid on the employee’s retirement date; and (2) the following provisions concerning the employee’s accrued and unused vacation days, sick days, or […]

5-10-12-6. Application Procedure

Sec. 6. Within ninety (90) days after an employee’s retirement date, an employee who wishes to participate in a cafeteria plan as provided under this chapter must file with the department a written application and any information required by the department. As added by P.L.195-1999, SEC.8.