Effective 7-1-2025.Sec. 2. (a) The trustee shall maintain a separate supplemental allowance reserve account for both the state police pre-1987 benefit system under IC 10-12-3 and the state police 1987 benefit system under IC 10-12-4 for the purpose of paying postretirement benefit adjustments, including:(1) postretirement benefit increases; and(2) thirteenth checks;granted by the general assembly to employee beneficiaries after June 30, 2025.(b) For purposes of subsection (a), 'postretirement benefit adjustments' does not include a supplemental pension benefit under IC 10-12-5.As added by P.L.129-2024, SEC.9 and P.L.136-2024, SEC.36.
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