Indiana Administrative Code
Title 35 - BOARD OF TRUSTEES OF THE INDIANA PUBLIC RETIREMENT SYSTEM
Article 4 - STATE EXCISE POLICE, GAMING AGENT, GAMING CONTROL OFFICER & CONSERVATION ENFORCEMENT OFFICERS' RETIREMENT PLAN
Rule 4 - Vesting of Benefits
Section 4-2 - Vesting of benefits
Universal Citation: 35 IN Admin Code 4-2
Current through September 18, 2024
Authority: IC 5-10.5-4-2
Affected: IC 5-10-5.5-22
Sec. 2.
Vesting. A participant is vested under this fund upon:
(1) accumulating fifteen (15) years of creditable service; or
(2) for an officer who becomes a participant after becoming fifty (50) years of age, accumulating ten (10) years of creditable service. Pursuant to IC 5-10-5.5-22, officers who become participants after becoming fifty (50) years of age will not be eligible for the DROP until they have accumulated ten (10) years of service.
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