Docket Room.
SB 69·IN·senate

1977 pension and disability fund.

FailedFiled Dec 8, 2025
Sponsor: Linda Rogers (Republican)
Latest Action

Recommitted to Committee on Ways and Means pursuant to House Rule 126.3

Feb 12, 2026

Summary

The bill would increase the lump‑sum death benefit paid to the heirs or estate of a 1977 fund member from $12,000 to $15,000, adjusted each year for inflation. It also permits members who entered the Deferred Retirement Option Plan (DROP) before July 1 2024 to extend their scheduled retirement date by as much as 60 months, provided they notify their employer within 30 days. These changes would take effect on July 1 2026.

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

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