Indiana Code 5-10.3-12-14. “Normal retirement age”
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Terms Used In Indiana Code 5-10.3-12-14
- member: means an individual who has elected or is required to participate in the plan. See Indiana Code 5-10.3-12-12
- plan: refers to the public employees' defined contribution plan established by section 18 of this chapter. See Indiana Code 5-10.3-12-15
- years of participation: means periods of participation in the plan in a covered position, plus any additional service for which this chapter provides years of participation credit, except that the term excludes periods of participation in the plan in a covered position for service described in section 1(a)(7) of this chapter. See Indiana Code 5-10.3-12-16
Sec. 14. As used in this chapter, “normal retirement age” for a member means the member is at least sixty-two (62) years of age with at least five (5) years of participation in the plan.
As added by P.L.22-2011, SEC.2. Amended by P.L.66-2013, SEC.1.