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IN HB1478

Bill

Official Source

Status

Introduced

1/15/2019

Primary Sponsor

Steven Davisson

Click for details

Origin

House of Representatives

2019 Regular Session

AI Summary

  • Political subdivisions served by volunteer fire departments may make contributions to the public employees' defined contribution plan on behalf of volunteer firefighters
  • Governing bodies determine contribution amounts through ordinance or resolution, which must be filed with and approved by the Indiana Public Retirement System board
  • Contributions must be equal for all eligible members within the same departmental, occupational, or other definable classification
  • Contributions made under this provision are excluded from "nominal compensation" calculations for purposes of volunteer firefighter pension laws (IC 36-8-12)
  • Effective date: July 1, 2019

Legislative Description

Volunteer fire department retirement benefits. Provides that a political subdivision served by a volunteer fire department may make contributions to the public employees' defined contribution plan for the members of the volunteer fire department in an amount determined by the governing body of the political subdivision.

Last Action

First reading: referred to Committee on Employment, Labor and Pensions

1/15/2019

Committee Referrals

Employment, Labor and Pensions1/15/2019

Full Bill Text

No bill text available