STATEHOUSE (Feb. 26, 2018) – A bill authored by State Sen. Jon Ford (R-Terre Haute) that urges the Legislative Council to study the 1977 Police Officers’ and Firefighters’ Pension and Disability Fund passed the House of Representatives today by a vote of 97-0.
Senate Enrolled Act 75 recommends the Interim Senate Study Committee on Pension Management Oversight to study the following:
• Reducing the age at which an eligible police officer or firefighter may receive unreduced retirement benefits from 52 to 50.
• Increasing the amount a fund member would receive for each six months of active service over 20 years.
• Reducing the number of service years eligible for retirement benefits from 32 to 28 years.
“This bill is important for the heroes in our communities who are serving longer than they should in order to receive their full benefits,” Ford said. “I have met with local police officers and firefighters who devote their lives to our communities every day. Those who serve longer than they should risk their quality of life upon retirement.”
The 1977 Fund was established for eligible public safety officers and their survivors. The Fund pays pension, disability and survivor benefits.
SEA 75 will now be considered by Gov. Eric Holcomb.
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Contact: Lauren Beatty, Press Secretary
lauren.beatty@iga.in.gov
317-234-9221
