Ind. Code § 5-10.5-7-4

Current through P.L. 171-2024
Section 5-10.5-7-4 - Transfer of employees

The employees of the:

(1) public employees' retirement fund; and
(2) teachers' retirement fund;

become employees of the system on July 1, 2011, without change in compensation, seniority, or benefits. An employee of the public employees' retirement fund who is a member of the public employees' retirement fund before July 1, 2011, and becomes an employee of the system after June 30, 2011, remains a member of the public employees' retirement fund after June 30, 2011. An employee of the teachers' retirement fund who is a member of the teachers' retirement fund before July 1, 2011, and becomes an employee of the system after June 30, 2011, remains a member of the teachers' retirement fund after June 30, 2011. An employee who becomes an employee of the system after June 30, 2011, is a member of the public employees' retirement fund, unless the director expressly determines otherwise.

IC 5-10.5-7-4

Added by P.L. 23-2011, SEC. 22, eff. 7/1/2011.