Current through P.L. 171-2024
Section 5-10.2-3-3 - Deduction of contributions(a) This section: (1) does not apply to a retired member who begins a period of reemployment in a covered position more than thirty (30) days after the member's retirement, except as provided in subdivision (2); or(2) applies to the entire period of reemployment for a retired member of the public employees' retirement fund who, before July 1, 2013, begins a period of reemployment in a covered position.(b) Members' contributions, other than members' contributions paid on behalf of a member, shall be deducted from their compensation even if the net compensation to the member is less than the statutory minimum.(c) The payment of a member's compensation minus the deduction constitutes a complete discharge of all claims for services rendered by the member during the period covered by the payment, except the claim for benefits under this article.Amended by P.L. 195-2013, SEC. 5, eff. 7/1/2013.As added by Acts1977 , P.L. 53, SEC.2. Amended by P.L. 41-1983, SEC.5; P.L. 35-1985, SEC.9; P.L. 72-2007, SEC.4; P.L. 76-2008, SEC.1.