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HB 1463 IN

Indiana state police pension.

IN · session 2023 · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 17, 2023

Latest action (Jan 17, 2023) First reading: referred to Committee on Employment, Labor and Pensions

Summary

Establishes the state police 2023 retirement benefit system. Provides for a pension benefit based on the salary of a trooper with 25 years of service. Automatically adjusts the pension benefit each time the maximum salary for a trooper with 25 years of service is increased. Specifies that the new system applies to current and retired officers who were employed before July 1, 2023, and elect to participate in the 2023 retirement benefit plan and to officers employed for the first time after June 30, 2023.

Sponsor (1)

Action history (2)
  1. Jan 17, 2023 Authored by Representative Davis · lower
  2. Jan 17, 2023 First reading: referred to Committee on Employment, Labor and Pensions · lower
Subjects
INDIANA PUBLIC RETIREMENT SYSTEM (formerly PERF)LABOR AND EMPLOYMENT, Wages, Arbitration, and BenefitsLAW ENFORCEMENT generallyLAW ENFORCEMENT, Police Pensions and BenefitsLAW ENFORCEMENT, State Police

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · Jan 17, 2023 · PDF

Full text

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