Current through P.L. 171-2024
Section 5-10.3-12-20 - Plan membership; election; fund membership(a) This section applies only to an individual who, on or after the effective date of the plan, becomes for the first time a full-time employee of the state in a position that would otherwise be eligible for membership in the fund under IC 5-10.3-7.(b) An individual to whom this section applies may elect to become a member of the plan for all service credit that the member accrues in a covered position as an employee of the state. An election under this section:(1) must be made in writing;(2) must be filed with the board, on a form prescribed by the board; and(c) Except as provided in section 32(a) of this chapter, an individual who does not elect to become a member of the plan becomes a member (as defined in IC 5-10.3-1-5) of the fund for all service credit that the member accrues in a covered position as an employee of the state.Amended by P.L. 209-2016, SEC. 4, eff. 7/1/2016.Amended by P.L. 241-2015, SEC. 29, eff. 7/1/2015.Added by P.L. 22-2011, SEC. 2, eff. 7/1/2011.