IC 20-28-9-5 — Computation of annual salary of teacher or distribution of state funds; rounding to nearest dollar
Chapter 9. Salary and Related Payments
Bills citing this section
Section text
Sec. 5. In computing the annual salary of a teacher or when distributing state funds, an amount of less than fifty cents ($0.50) is dropped while an amount of fifty cents ($0.50) or more is rounded up to the next whole dollar.
As added by P.L.1-2005, SEC.12.
Source: official publisher (2026 edition)