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IN HB1461
Bill
Status
1/14/2015
Primary Sponsor
Clyde Kersey
Click for details
AI Summary
House Bill 1461 Summary
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Increases the surviving spouse benefit under the 1977 Police Officers' and Firefighters' Pension and Disability Fund from 60% to 100% of the deceased member's monthly benefit for members who die after June 30, 2015, and not in the line of duty.
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Applies only to surviving spouses of members who die after June 30, 2015; members dying before that date continue to receive 60% of the member's monthly benefit.
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The increased benefit applies during the surviving spouse's lifetime.
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Amends Indiana Code 36-8-8-13.8 and becomes effective July 1, 2015.
Legislative Description
1977 Fund surviving spouse benefit. Increases from 60% to 100% of the member's monthly benefit the monthly benefit of a surviving spouse of an individual who: (1) is a member of the 1977 Police Officers' and Firefighters' Pension and Disability Fund (1977 Fund); and (2) dies other than in the line of duty after June 30, 2015.
Last Action
First Reading: referred to Committee on Employment, Labor and Pensions
1/14/2015