IC 5-10.4-4-14 — Service not related to governmental unit; contribution of employer share
Chapter 4. Fund Membership; Employee Contributions; Creditable Service; Purchase of Service; Fund Withdrawal
Section text
Sec. 14. (a) After December 31, 1994, creditable service does not accrue under: (1) this chapter; (2) IC 5-10.2-3-1; (3) IC 20-28-10-1; (4) IC 20-28-10-2; (5) IC 20-28-10-3; or (6) any other law concerning the fund for leave for other educational employment; unless the creditable service is directly related to a governmental unit under Section 414(d) of the Internal Revenue Code (as defined in IC 5-10.2-1-3.5). (b) After June 30, 1995, for members receiving credit for leave for other educational employment under section 7 of this chapter or subsection (a), the board shall assess an actuarially determined employer share amount against the appropriate entity to be paid to the state general fund.
As added by P.L.2-2006, SEC.28.
Source: official publisher (2026 edition)