The Senate Judiciary Committee heard SB 94 on pension matters prepared by the Interim Study Committee on Pension Management Oversight and authored by Sen. Boots. In part, the bill specifies the repayment conditions that apply if a participant of the judges’ retirement system and disability fund withdraws from the respective fund and again becomes a participant or member of the respective fund at a later date. This bill codifies the current practice.
The bill was amended by consent to limit collection of mistaken payments to 6 years. Representatives from the Indiana Fraternal Order of Police, Indiana Firefighters Union, and the Auditor’s Office testified in favor of the bill. The amended bill passed 11-0.
Read the bill at: http://iga.in.gov/legislative/2021/bills/senate/94