State employee retirement benefits.

Summary

The measure requires Indiana to match each state employee’s deferred‑compensation contribution after Dec. 31, 2026, but not more than $28 for each pay period and only if the budget office has set aside money for it. It also sets rules for stopping, restarting, and making up missed matches during financial emergencies. The bill would affect the retirement medical benefits accounts of employees, moving some funds to the general fund and creating a new retiree health‑benefit trust.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share