HB 1463 Indiana House · 2023 Regular Session

Indiana state police pension.

Summary
Establishes the state police 2023 retirement benefit system. Provides for a pension benefit based on the salary of a trooper with 25 years of service. Automatically adjusts the pension benefit each time the maximum salary for a trooper with 25 years of service is increased. Specifies that the new system applies to current and retired officers who were employed before July 1, 2023, and elect to participate in the 2023 retirement benefit plan and to officers employed for the first time after June 30, 2023.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2023 Last action Jan 17, 2023
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1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Michelle Davis
Michelle Davis
RRepublican
IN
58