UIGAU

HB1221: A BILL FOR AN ACT to amend the Indiana Code concerning pensions.

Page last updated: Friday, June 6, 2025 at 9:32 AM (America/Indianapolis).


General Information

Legislators

Authors (1)
Coauthors (3)
Sponsors (2)
Cosponsors (7)
Advisors (4)
Conferees (3)

Actions (41 total)

Digest

Amends provisions regarding the surcharge rates established by the Indiana public retirement system to actuarially prefund certain postretirement benefits. Adds provisions requiring the treasurer of state to determine a surcharge amount that is to be paid into the supplemental reserve account for the state police pre-1987 and 1987 benefit systems. Provides for a thirteenth check in calendar year 2025 for certain members, participants, or beneficiaries of the: (1) Indiana state teachers' retirement fund; (2) Indiana public employees' retirement fund; (3) state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan; (4) state police pre-1987 benefit system; and (5) state police 1987 benefit system. Makes conforming changes.