Indiana Senate Bill 69

  • Increases the basic monthly pension benefit payable to a member of the 1977 police officers' and firefighters' pension and disability fund (1977 fund) who retires after June 30, 2026, with 20 years of service

  • Increases the contribution rate of 1977 fund members

  • Increases the lump sum death benefit payable to the heirs or estate of a 1977 fund member

  • Provides that a 1977 fund member may extend their deferred retirement option plan (DROP) retirement date up to 60 months after the member entered the DROP

  • Access Introduced Version HERE

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