SB 160 IN

Local government pensions.

IN · session 2024 · Senate · bill

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Introduced Jan 8, 2024

Latest action (Jan 8, 2024) Authored by Senator Pol

Summary

Increases the 1977 police officers' and firefighters' pension and disability fund's maximum annual cost of living adjustment from 3% to 5%. Increases the maximum duration that members of certain funds can participate in the deferred retirement option plan from 36 to 60 months.

Sponsor (1)

Rodney Pol Democratic · author

Action history (2)

Jan 8, 2024 First reading: referred to Committee on Pensions and Labor · upper
Jan 8, 2024 Authored by Senator Pol · upper

Subjects

PENSIONS AND RETIREMENT BENEFITS; Public Retirement System (INPRS)

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 Senate Bill (S) · PDF

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