Fabio
201 lines
14 KiB
Markdown
201 lines
14 KiB
Markdown
---
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type: "Bill"
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title: "Pension matters."
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description: "Provides that a state employee may affirmatively elect to enroll in the deferred compensation plan prior to the auto enroll date on day 31 of the state employee's employment. Removes a provision that sets a maximum employer surcharge for the legislators' defined benefit plan, state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan, public employees' retirement fund, and Indiana state teachers' retirement fund (fund). Requires the board of trustees of the Indiana public retirement system (board) to develop the technological and administrative capabilities sufficient to categorize fund members into separate groups in which: (1) certain members receive a service based thirteenth check; and (2) certain members receive a cost of living adjustment. Requires the board to set the surcharge rates at a level to actuarially prefund: (1) annual indexed thirteenth checks for all current retired members and beneficiaries retired before July 1, 2025; and (2) 1% annual cost of living adjustments to future in-payment members and beneficiaries retired on or after July 1, 2025. Provides that the board shall not reduce the surcharge rates from the prior year. Allows the board to increase the surcharge rates by not more than 0.1% of payroll from the prior year. Requires certain political subdivisions to present to the interim study committee on pension management oversight regarding a delinquent employee retirement plan offered by the political subdivision. Requires, effective July 1, 2025, the trustee of the state police pension trust to maintain two supplemental allowance reserve accounts for the purpose of paying postretirement benefit adjustments. Increases the maximum date that a member or participant of certain retirement funds can participate in the deferred retirement option plan from 36 to 60 months. Requires the member or participant to notify their employer if the member or participant elects to enter or extend the deferred retirement option plan. Provides for a thirteenth check in 2024 for certain members, participants, or beneficiaries of the: (1) Indiana state teachers' retirement fund; (2) Indiana public employees' retirement fund; (3) state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan; (4) state police pre-1987 benefit system; and (5) state police 1987 benefit system."
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jurisdiction: "us/states/in"
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legislature: "Indiana General Assembly"
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session: "2024"
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identifier: "HB 1004"
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citation: "Indiana HB 1004 (2024)"
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classification: ["bill"]
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subjects: ["GENERAL ASSEMBLY; Noncode", "PENSIONS AND RETIREMENT BENEFITS; Public Retirement System (INPRS)"]
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status: "enacted"
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primary_sponsors: ["Brian Buchanan", "Michael Crider", "Robert Cherry"]
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version_count: 4
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action_count: 35
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vote_count: 5
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first_action: "2024-01-08"
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last_action: "2024-03-13"
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source: "openstates"
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source_identifier: "ocd-bill/776c7f18-d1a0-4cda-bcea-b2e2445bcc5d"
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source_url: "https://api.iga.in.gov/2024/bills/hb1004"
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source_hash: "726d010b6e2328797b12fcd0c41dbaad747dfad393128843bfed24764f5d58ac"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-in"]
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---
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# Indiana HB 1004 (2024) — Pension matters.
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Provides that a state employee may affirmatively elect to enroll in the deferred compensation plan prior to the auto enroll date on day 31 of the state employee's employment. Removes a provision that sets a maximum employer surcharge for the legislators' defined benefit plan, state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan, public employees' retirement fund, and Indiana state teachers' retirement fund (fund). Requires the board of trustees of the Indiana public retirement system (board) to develop the technological and administrative capabilities sufficient to categorize fund members into separate groups in which: (1) certain members receive a service based thirteenth check; and (2) certain members receive a cost of living adjustment. Requires the board to set the surcharge rates at a level to actuarially prefund: (1) annual indexed thirteenth checks for all current retired members and beneficiaries retired before July 1, 2025; and (2) 1% annual cost of living adjustments to future in-payment members and beneficiaries retired on or after July 1, 2025. Provides that the board shall not reduce the surcharge rates from the prior year. Allows the board to increase the surcharge rates by not more than 0.1% of payroll from the prior year. Requires certain political subdivisions to present to the interim study committee on pension management oversight regarding a delinquent employee retirement plan offered by the political subdivision. Requires, effective July 1, 2025, the trustee of the state police pension trust to maintain two supplemental allowance reserve accounts for the purpose of paying postretirement benefit adjustments. Increases the maximum date that a member or participant of certain retirement funds can participate in the deferred retirement option plan from 36 to 60 months. Requires the member or participant to notify their employer if the member or participant elects to enter or extend the deferred retirement option plan. Provides for a thirteenth check in 2024 for certain members, participants, or beneficiaries of the: (1) Indiana state teachers' retirement fund; (2) Indiana public employees' retirement fund; (3) state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan; (4) state police pre-1987 benefit system; and (5) state police 1987 benefit system.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Enrolled House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1004/HB1004.04.ENRS.pdf)
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2. **House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1004/HB1004.03.COMS.pdf)
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3. **House Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1004/HB1004.02.COMH.pdf)
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4. **Introduced House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1004/HB1004.01.INTR.pdf)
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## Votes
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- HB 1004 - Cherry - 3rd Reading — **97–0** (pass) · lower
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- HB 1004 - Buchanan - 2nd Reading — **18–31** (fail) · upper
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- HB 1004 - Buchanan - 3rd Reading — **42–6** (pass) · upper
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- HB 1004 - Cherry — **98–0** (pass) · lower
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- HB 1004 - Buchanan — **44–3** (pass) · upper
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## Sponsors
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- Brian Buchanan — primary (person)
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- Michael Crider — primary (person)
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- Robert Cherry — primary (person)
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- Alan Morrison — coauthor (person)
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- Alex Zimmerman — coauthor (person)
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- Beau Baird — coauthor (person)
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- Becky Cash — coauthor (person)
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- Ben Smaltz — coauthor (person)
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- Blake Johnson — coauthor (person)
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- Brad Barrett — coauthor (person)
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- Bruce Borders — coauthor (person)
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- Carey Hamilton — coauthor (person)
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- Carolyn Jackson — coauthor (person)
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- Cherrish Pryor — coauthor (person)
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- Chris Campbell — coauthor (person)
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- Chris Jeter — coauthor (person)
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- Chris Judy — coauthor (person)
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- Chris May — coauthor (person)
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- Chuck Goodrich — coauthor (person)
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- Chuck Moseley — coauthor (person)
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- Cindy Ledbetter — coauthor (person)
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- Cory Criswell — coauthor (person)
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- Craig Haggard — coauthor (person)
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- Craig Snow — coauthor (person)
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- Dale DeVon — coauthor (person)
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- Dan Dernulc — cosponsor (person)
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- Dave Hall — coauthor (person)
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- Dave Heine — coauthor (person)
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- David Abbott — coauthor (person)
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- David Niezgodski — cosponsor (person)
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- Dennis Zent — coauthor (person)
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- Donna Schaibley — coauthor (person)
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- Earl Harris — coauthor (person)
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- Edmond Soliday — coauthor (person)
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- Edward Clere — coauthor (person)
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- Edward DeLaney — coauthor (person)
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- Elizabeth Rowray — coauthor (person)
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- Ethan Manning — coauthor (person)
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- Gregory Porter — coauthor (person)
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- Gregory Steuerwald — coauthor (person)
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- Harold Slager — coauthor (person)
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- Heath VanNatter — coauthor (person)
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- J.D. Prescott — coauthor (person)
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- Jack Jordan — coauthor (person)
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- Jake Teshka — coauthor (person)
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- Jeffrey Thompson — coauthor (person)
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- Jennifer Meltzer — coauthor (person)
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- Jerry Torr — coauthor (person)
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- Jim Lucas — coauthor (person)
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- Jim Pressel — coauthor (person)
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- Joanna King — coauthor (person)
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- John Bartlett — coauthor (person)
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- Julie McGuire — coauthor (person)
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- Julie Olthoff — coauthor (person)
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- Justin Moed — coauthor (person)
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- Karen Engleman — coauthor (person)
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- Kyle Miller — coauthor (person)
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- Kyle Pierce — coauthor (person)
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- Lindsay Patterson — coauthor (person)
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- Lori Goss-Reaves — coauthor (person)
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- Lorissa Sweet — coauthor (person)
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- Mark Genda — coauthor (person)
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- Martin Carbaugh — coauthor (person)
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- Matt Hostettler — coauthor (person)
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- Matt Lehman — coauthor (person)
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- Matt Pierce — coauthor (person)
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- Maureen Bauer — coauthor (person)
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- Michael Karickhoff — coauthor (person)
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- Michelle Davis — coauthor (person)
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- Mike Andrade — coauthor (person)
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- Mike Aylesworth — coauthor (person)
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- Mike Bohacek — cosponsor (person)
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- Mike Speedy — coauthor (person)
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- Mitch Gore — coauthor (person)
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- Pat Boy — coauthor (person)
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- Peggy Mayfield — coauthor (person)
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- Philip GiaQuinta — coauthor (person)
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- Ragen Hatcher — coauthor (person)
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- Randy Lyness — coauthor (person)
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- Renee Pack — coauthor (person)
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- Rita Fleming — coauthor (person)
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- Robb Greene — coauthor (person)
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- Robert Behning — coauthor (person)
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- Robert Heaton — coauthor (person)
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- Robert Morris — coauthor (person)
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- Robin Shackleford — coauthor (person)
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- Ryan Dvorak — coauthor (person)
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- Ryan Hatfield — coauthor (person)
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- Ryan Lauer — coauthor (person)
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- Shane Lindauer — coauthor (person)
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- Sharon Negele — coauthor (person)
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- Sheila Klinker — coauthor (person)
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- Steve Bartels — coauthor (person)
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- Sue Errington — coauthor (person)
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- Timothy O'Brien — coauthor (person)
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- Timothy Wesco — coauthor (person)
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- Todd Huston — coauthor (person)
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- Tonya Pfaff — coauthor (person)
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- Vanessa Summers — coauthor (person)
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- Vernon Smith — coauthor (person)
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- Victoria Garcia Wilburn — coauthor (person)
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- Wendy McNamara — coauthor (person)
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- Zach Payne — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-01-08** Authored by Representative Cherry
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- **2024-01-08** First reading: referred to Committee on Ways and Means `reading-1, referral-committee`
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- **2024-01-08** Coauthored by Representatives Porter, Karickhoff, Meltzer
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- **2024-01-16** Committee report: do pass, adopted `committee-passage`
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- **2024-01-18** Second reading: ordered engrossed `reading-2`
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- **2024-01-22** Third reading: passed; Roll Call 17: yeas 97, nays 0 `passage, reading-3, reading-3`
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- **2024-01-22** Senate sponsors: Senators Buchanan, Bray, Crider
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- **2024-01-22** Cosponsor: Senator Niezgodski
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- **2024-01-24** Referred to the Senate `referral`
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- **2024-01-23** Rule 105.1 suspended
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- **2024-01-23** Representatives Abbott D, Andrade M, Aylesworth, Baird, Barrett, Bartels, Bartlett, Bauer M, Behning, Borders, Boy, Campbell, Carbaugh, Cash B, Clere, Criswell C, Davis M, DeLaney, DeVon, Dvorak, Engleman, Errington, Fleming, Garcia Wilburn V, Genda M, GiaQuinta, Goodrich, Gore M, Goss-Reaves, Greene R, Haggard C, Hall D, Hamilton, Harris, Hatcher, Hatfield, Heaton, Heine, Hostettler, Huston, Jackson, Jeter C, Johnson, Jordan, Judy, King J, Klinker, Lauer, Ledbetter C, Lehman, Lindauer, Lucas, Lyness, Manning, May, Mayfield, McGuire J, McNamara, Miller K, Moed, Morris, Morrison, Moseley, Negele, O'Brien T, Olthoff, Pack R, Patterson L, Payne Z, Pfaff, Pierce K, Pierce M, Prescott, Pressel, Pryor, Rowray E, Schaibley, Shackleford, Slager, Smaltz, Smith, V., Snow C, Soliday, Speedy, Steuerwald, Summers, Sweet L, Teshka J, Thompson, Torr, VanNatter, Wesco, Zent, Zimmerman added as coauthors
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- **2024-02-05** Senator Bohacek added as cosponsor
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- **2024-02-05** First reading: referred to Committee on Appropriations `reading-1, referral-committee`
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- **2024-02-12** Senator Bray removed as second sponsor
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- **2024-02-19** Senator Dernulc added as cosponsor
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- **2024-02-29** Committee report: amend do pass, adopted `committee-passage`
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- **2024-03-04** Second reading: ordered engrossed `reading-2`
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- **2024-03-04** Amendment #1 (Qaddoura) failed; Roll Call 247: yeas 18, nays 31 `amendment-failure, failure`
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- **2024-03-05** Third reading: passed; Roll Call 274: yeas 42, nays 6 `passage, reading-3, reading-3`
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- **2024-03-05** Motion to dissent filed `filing`
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- **2024-03-06** Senate conferees appointed: Buchanan and Niezgodski
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- **2024-03-06** Senate advisors appointed: Qaddoura and Mishler
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- **2024-03-06** House dissented from Senate amendments
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- **2024-03-06** House conferees appointed: Cherry and Porter
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- **2024-03-06** House advisors appointed: Thompson, Snow, Smaltz, Bartlett and Moseley
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- **2024-03-05** Returned to the House with amendments `receipt`
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- **2024-03-11** Signed by the President Pro Tempore `passage`
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- **2024-03-11** Signed by the Speaker `passage`
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- **2024-03-12** Signed by the President of the Senate `passage`
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- **2024-03-08** Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 321: yeas 44, nays 3
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- **2024-03-08** Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 335: yeas 98, nays 0
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- **2024-03-08** CCR # 1 filed in the Senate `filing`
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- **2024-03-08** CCR # 1 filed in the House `filing`
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- **2024-03-13** Public Law 129 `became-law`
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- **2024-03-13** Signed by the Governor `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/776c7f18-d1a0-4cda-bcea-b2e2445bcc5d`. Confidence: reported (aggregated from official Indiana legislature records).
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