Ind. Code § 10-12-7-2
Supplemental allowance reserve account; purpose
Indiana · Indiana Code Title 10 — Public Safety · Status: effective
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- Ind. Code § 10-12-7-2, Supplemental allowance reserve account; purpose, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1624813
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Full text
Sec. 2.
(a) The trustee shall maintain a separate supplemental allowance reserve account for both the state police pre-1987 benefit system under IC 10-12-3 and the state police 1987 benefit system under IC 10-12-4 for the purpose of paying postretirement benefit adjustments, including:
(1) postretirement benefit increases; and
(2) thirteenth checks;
granted by the general assembly to employee beneficiaries after June 30, 2025.
(b) For purposes of subsection (a), "postretirement benefit adjustments" does not include a supplemental pension benefit under IC 10-12-5.