Indiana Administrative Code
Title 35 - BOARD OF TRUSTEES OF THE INDIANA PUBLIC RETIREMENT SYSTEM
Article 20 - 401(H) MEDICAL BENEFITS ACCOUNTS
Rule 1 - Plan Rules
Section 1-3 - Conversion
Universal Citation: 35 IN Admin Code 1-3
Current through September 18, 2024
Authority: IC 5-10.5-4-2
Affected: IC 5-10.3-8-14
Sec. 3.
Upon termination of employment, the unused vacation leave of a retired employee, if any, but in any case not more than thirty (30) days (two hundred twenty-five (225) hours), may be converted to a credit to the retired employee's PERF 401(h) Account pursuant to section 4 of this rule. Sick leave, special sick leave, personal leave, and compensatory time off are not eligible for conversion.
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