IC 5-10.4-8-1 — Application to employees
Chapter 8. Teachers' Defined Contribution Plan
Section text
Sec. 1. (a) Except as provided in subsection (b), this chapter applies after the effective date of the plan to an individual who: (1) begins employment with a school corporation in a covered position that would otherwise be eligible for membership in the fund under IC 5-10.4-4; and (2) makes an election described in section 6 of this chapter to become a member of the plan. (b) This chapter does not apply to the following: (1) An individual who, before the effective date of the plan, is or was a member (as defined in IC 5-10.4-1-9) of the fund. (2) An individual who, on or after the effective date of the plan: (A) begins employment with a school corporation that participates in the plan in a covered position that would otherwise be eligible for membership in the fund under IC 5-10.4-4; and (B) does not make the election described in section 6 of this chapter to become a member of the plan.
As added by P.L.217-2017, SEC.58.
Source: official publisher (2026 edition)