35 Ind. Admin. Code 20-1-3

Current through January 8, 2025
Section 35 IAC 20-1-3 - Conversion

Authority: IC 5-10.5-4-2

Affected: IC 5-10.3-8-14

Sec. 3.

Upon termination of employment, the unused vacation leave of a retired employee, if any, but in any case not more than thirty (30) days (two hundred twenty-five (225) hours), may be converted to a credit to the retired employee's PERF 401(h) Account pursuant to section 4 of this rule. Sick leave, special sick leave, personal leave, and compensatory time off are not eligible for conversion.

35 IAC 20-1-3

Board of Trustees of the Indiana Public Retirement System; 35 IAC 20-1-3; adopted Sep 14, 2012: 20120926-IR-035120542ONA; adopted Jun 20, 2014: 20140820-IR-035140335ONA