State employee retirement benefits.

Summary

The bill would have Indiana match each state employee’s deferred‑compensation contribution dollar‑for‑dollar, but no more than $28 per payroll, beginning after Dec. 31 2026. It sets caps based on biennial appropriations, lets the budget agency pause or resume matching in fiscal emergencies, and directs that retirement medical benefit accounts be terminated and transferred to the general fund with limited exceptions. The measure applies to most state workers and elected officials, while excluding certain law‑enforcement and conservation personnel.

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

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