Section 5-10.3-7-7.9 - Service credits; eligibility; computation(a) This section applies to a person who is or was an employee of the office of a township executive in a county having a consolidated city.(b) Except as provided in subsection (d), for the purposes of computing benefits and determining eligibility, a member who: (1) has at least one (1) year of service in a position covered by the fund;(2) became a member of the fund after December 31, 1987;(3) was at least sixty (60) years of age when the member joined the fund; and(4) was an employee of the state or a political subdivision participating in the fund, or both, before January 1, 1988; is entitled to service credit as provided in subsection (c).
(c) A member who is qualified under subsection (b) is entitled to service credit for the time the member: (1) was an employee of the state or a political subdivision participating in the fund, or both;(2) was employed in a position covered by the fund; and(3) was not a member of the fund.(d) To receive service credit under this section, a member must pay into the fund the amount the member would have contributed if the member had been a member of the fund for the period described in subsection (c).As added by P.L. 1-1990, SEC.61.