2017 Indiana Code
TITLE 10. Public Safety
ARTICLE 12. STATE POLICE PENSIONS AND BENEFITS
CHAPTER 5. Supplemental Pension Benefits
10-12-5-4. Incentive increases

Universal Citation: IN Code § 10-12-5-4 (2017)
IC 10-12-5-4 Incentive increases

     Sec. 4. As an incentive to all employees of the department, the supplemental pension benefits of this chapter shall be increased by more than the increase provided in section 3(c) or 3(d) of this chapter, at the rate of a five percent (5%) per year increase for each year of active service over twenty (20) years up to thirty (30) years of service, as calculated in section 3(c) or 3(d) of this chapter.

[Pre-2003 Recodification Citation: 10-1-2.6-4.]

As added by P.L.2-2003, SEC.3. Amended by P.L.189-2007, SEC.5; P.L.3-2008, SEC.84; P.L.5-2008, SEC.2; P.L.1-2009, SEC.89.

 

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