FailedFiled Jan 6, 2026
Sponsor: Vernon Smith (Democratic)
Latest Action
First reading: referred to Committee on Employment, Labor and Pensions
Jan 6, 2026
Summary
The bill permits members of four specific Indiana police and firefighter pension funds who have left the Deferred Retirement Option Plan (DROP) to sign up again, but only once and not until at least three years have passed. It caps each member at two DROP elections in a lifetime and sets clear rules for retirement dates, extensions, and exit conditions. The change is intended to give eligible workers more flexibility in planning their retirement timing.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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