Section 35 IAC 14-5-1 - One day of service creditAuthority: IC 5-10.5-4-2
Affected: IC 5-10.4-4-2; IC 5-10.4-4-7
Sec. 1.
(a) For purposes of IC 5-10.4-4-2, a member is entitled to one (1) day of service credit when the member engages in covered service for a standard work day or any fraction thereof.(b) Creditable service does not include sick leave, vacation leave, or personal leave unless service credit for such leave is granted pursuant to IC 5-10.4-4-7.Board of Trustees of the Indiana Public Retirement System; 35 IAC 14-5-1; filed Oct 5, 1992, 5:00 p.m.: 16 IR 707; readopted filed Dec 3, 2001, 11:02 a.m.: 25 IR 1731; adopted Nov 19, 2008: 20081126-IR-550080887ONA; adopted Dec 16, 2009: 20100106-IR-550090990ONATransferred from the Board of Trustees of the Indiana State Teachers' Retirement Fund ( 550 IAC 2-5-1) to the Board of Trustees of the Indiana Public Retirement System ( 35 IAC 14-5-1) by P.L. 23-2011, SECTION 22, effective July 1, 2011.