HB 1020 IN
1977 pension and disability fund.
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Summary
Increases the following in regard to the 1977 police officers' and firefighters' pension and disability fund: (1) the maximum annual cost of living adjustment from 3% to 5%; and (2) the death benefit payable to the heirs or estate of a fund member from $12,000 to $15,000.
Sponsor (1)
- Craig Haggard Republican · author
3 coauthors / cosponsors
- Chris Judy Republican · coauthor
- Mike Andrade Democratic · coauthor
- Victoria Garcia Wilburn Democratic · coauthor
Action history (3)
- Jan 8, 2025 Authored by Representative Haggard · lower
- Jan 8, 2025 First reading: referred to Committee on Employment, Labor and Pensions · lower
- Jan 21, 2025 Representatives Judy, Andrade, Garcia Wilburn added as coauthors · lower
Subjects
PENSIONS AND RETIREMENT BENEFITS; Public Retirement System (INPRS)PENSIONS AND RETIREMENT BENEFITS; Public Retirement System (INPRS)
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