Authority: IC 4-15-2.2-19; IC 5-10-12-4
Affected: IC 5-10-8-8; IC 5-10-12-5
Sec. 4.
STEP ONE: Divide the retiree's regular biweekly salary, as reflected on the state personnel department's staffing report as of the retirement date, by seventy-five (75).
STEP TWO: Multiply the quotient determined in STEP ONE by the number of sick, vacation, and personal leave hours the retiree had accrued, but were unused and uncompensated, at the time of separation.
STEP THREE: Multiply the product of STEP TWO by the following:
31 IAC 5-10-4