HB1109 | PAYMENT OF MONTHLY PENSION BENEFITS. (BURTON W) Provides that members and beneficiaries of any public pension fund administered by the Indiana public retirement system may receive monthly benefits only by direct deposit or another method approved by the board of trustees of the Indiana public retirement system. Repeals a similar but more narrowly applicable section concerning methods of paying monthly benefits to members and beneficiaries of the public employees' retirement fund and the teachers' retirement fund. |
| Current Status: | 5/4/2015 - SIGNED BY GOVERNOR
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| Recent Status: | 5/1/2015 - received by Governor 4/29/2015 - Signed by the President Pro Tempore
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| State Bill Page: | HB1109 |
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SB283 | AMORTIZATION OF UNFUNDED PENSION LIABILITIES. (WALKER G) Provides that the board of the Indiana public retirement system (INPRS) may determine a term that does not exceed 30 years over which to amortize various unfunded accrued liabilities associated with the funds administered by INPRS. (The introduced version of this bill was prepared by the interim study committee on pension management oversight.) |
| Current Status: | 5/4/2015 - SIGNED BY GOVERNOR
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| Recent Status: | 5/4/2015 - received by Governor 4/29/2015 - Signed by the Speaker
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| State Bill Page: | SB283 |
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