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Home » US Law » 2022 Indiana Code » Title 5. State and Local Administration » Article 10. Public Employee Benefits » Chapter 5.5. State Excise Police, Gaming Agent, Gaming Control Officer, and Conservation Enforcement Officers' Retirement Plan

5-10-5.5-0.1. Application of Certain Amendments; Payment Options for a Survivor of a Participant Who Dies in the Line of Duty Between January 31, 2018, and April 1, 2020

Sec. 0.1. (a) As used in this section, “plan” refers to the state excise police, gaming agent, gaming control officer, and conservation enforcement officers’ retirement plan established by section 2 of this chapter. (b) The following amendments to this chapter apply as follows: (1) The addition of section 7.5 of this chapter by P.L.180-2007 applies […]

5-10-5.5-1. Definitions

Sec. 1. The following definitions apply throughout this chapter, unless the context clearly denotes otherwise: (1) “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. (2) “Average annual salary” means the average annual salary of an officer during the […]

5-10-5.5-10. Retirement Allowance

Sec. 10. (a) Benefits provided under this section are subject to section 2.5 of this chapter. (b) The annual retirement allowance of a participant, payable in equal monthly installments beginning on the participant’s normal retirement date, shall be a percentage of the participant’s average annual salary, such percentage to be twenty-five percent (25%) increased by […]

5-10-5.5-11. Early Retirement

Sec. 11. (a) Any participant who has attained the age of forty-five (45) years and has accrued at least fifteen (15) years of creditable service may retire and become eligible for benefits as provided in section 12(a) of this chapter. (b) If: (1) a participant is at least fifty-five (55) years of age; and (2) […]

5-10-5.5-12. Early Retirement Allowance; Monthly Installments

Sec. 12. (a) The amount of annual retirement allowance payable in equal monthly installments to a participant who retires under section 11(a) of this chapter (relating to early retirement) shall be determined in accordance with section 10 of this chapter (relating to normal retirement). However, the amount of annual retirement allowance otherwise payable upon early […]

5-10-5.5-13. Permanent or Temporary Disability

Sec. 13. Any participant who becomes permanently or temporarily disabled from performing all suitable and available work on the force for which he is or may be capable of becoming qualified, considering reasonable accommodation to the extent required by the Americans with Disabilities Act, shall be entitled to disability benefits in the amount provided by […]

5-10-5.5-16. Survivors’ Benefits; Death Before February 1, 2018; Amount

Sec. 16. (a) This section applies to participants who die before February 1, 2018. (b) Benefits provided under this section are subject to section 2.5 of this chapter. (c) A surviving mother or father nominated by the participant to receive survivors’ benefits under the provisions of this chapter shall be entitled to an annual survivors’ […]

5-10-5.5-17. Lump Sum Refund of Contributions or Payments

Sec. 17. (a) Any participant whose employment as an officer is terminated before accumulating fifteen (15) years of creditable service and is not receiving a disability benefit under this chapter shall be entitled to a lump-sum refund of all contributions standing to the participant’s credit in the participants’ savings fund plus accumulated interest thereon. (b) […]

5-10-5.5-18. Termination of Service Before Accumulating 15 Years of Creditable Service

Sec. 18. Any participant who terminates his service as an officer before accumulating fifteen (15) years of creditable service may, in the manner and under the conditions provided in the public employees’ retirement law, again become a member of the public employees’ retirement fund. Upon payment of contributions and interest required by the board, the […]

5-10-5.5-19. Public Employees Retirement Fund Law; Applicability

Sec. 19. The retirement plan created by this chapter shall, in all respects to the extent applicable and except as otherwise specifically enumerated in this chapter, be governed by the law creating the public employees’ retirement fund, and for that purpose, the provisions of IC 5-10.3 are hereby incorporated into this chapter by reference. Formerly: […]

5-10-5.5-2. Creation; Investment of Plan Assets

Sec. 2. (a) There is hereby created a state excise police, gaming agent, gaming control officer, and conservation enforcement officers’ retirement plan to establish a means of providing special retirement, disability and survivor benefits to employees of the department, the Indiana gaming commission, and the commission who are engaged exclusively in the performance of law […]

5-10-5.5-2.5. Qualification of Plan Under Internal Revenue Code

Sec. 2.5. (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 state excise […]