Ind. Code § 36-8-6-11

Current through P.L. 171-2024
Section 36-8-6-11 - Members dismissed after 20 years' service; benefits

The 1925 fund shall be used to pay an amount, equal to the pensions provided by this chapter in the case of voluntary retirement after twenty (20) years' service, to a member of the police department who is dismissed for any reason after having been in actual service for twenty (20) years, including two percent (2%) additional for each full year of service in excess of twenty (20) years' service. However, a pension under this section may not exceed in any year an amount greater than seventy-four percent (74%) of the salary of a first class patrolman.

IC 36-8-6-11

Pre-Local Government Recodification Citation: 19-1-24-3 part.

As added by Acts1981 , P.L. 309, SEC.55.