Statutes, codes, and regulations
Indiana Code
Title 5 - STATE AND LOCAL ADMINISTRATIONArticle 10.2 - PUBLIC RETIREMENT AND DISABILITY BENEFITS
Chapter 8 - VOLUNTARY SUPPLEMENTAL RETIREMENT PLAN
Section 5-10.2-8-4 - Supplemental nature of plan; reduction in other retirement or pension benefits prohibited

Ind. Code § 5-10.2-8-4

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Current through P.L. 171-2024
Section 5-10.2-8-4 - Supplemental nature of plan; reduction in other retirement or pension benefits prohibited

A plan established under this chapter exists and serves in addition to other retirement, pension, and benefit systems established by a political subdivision and may not result in a reduction of any retirement, pension, or other benefit provided by applicable law. Any compensation deferred under the plan shall continue to be included as regular compensation for the purpose of computing the retirement and pension benefits earned by an employee.

IC 5-10.2-8-4

As added by P.L. 5-1997, SEC.3.