2025 Regular SessionIndiana Legislature

HB1020: 1977 pension and disability fund.

Legislative Summary

1977 pension and disability fund. Increases the following in regard to the 1977 police officers' and firefighters' pension and disability fund: (1) the maximum annual cost of living adjustment from 3% to 5%; and (2) the death benefit payable to the heirs or estate of a fund member from $12,000 to $15,000.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

1/8/2025
Authored by Representative Haggard
House of Representatives
1/8/2025
First reading: referred to Committee on Employment, Labor and Pensions
House of Representatives
1/21/2025
Representatives Judy, Andrade, Garcia Wilburn added as coauthors
House of Representatives

Status Information

Current Status
Introduced(1/8/2025)
Chamber
House of Representatives
Committee
Employment, Labor and Pensions(House of Representatives)

Documents

Introduced
Bill Text12/19/202488.3 KB
Fiscal Note
Fiscal Note12/19/202471.6 KB