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Employer Update: July 2022

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The 2022 Indiana General Assembly approved three INPRS-related legislative changes that were placed under effect on July 1, 2022, unless otherwise noted.

View theses legislative changes here.

Retirement Fund Education Opportunities for you and your employees!

Do your employees want to learn more about their investment options, how their plan works, or ways to budget? We can help! INPRS offers online webinars covering topics important to your employees, including:

  • Understanding Your PERF/TRF Plan
  • Positive Money Habits
  • PERF/TRF Retirement Benefits
  • Asset Allocation & Investment Basics Education
  • 1977 Police and Fire Fund webinar

Let your employees know about these education opportunities by sending them this information in your next all-staff email. Have them visit here to register for a webinar.

SEA 78—Transfers from PERF to 1977 Pension and Disability Fund

Senate Enrolled Act 78 (SEA 78) requires that employers must enroll full-time Police Officers and full-time Firefighters hired on or after July 1, 2022, in the 1977 Fund after they pass the statewide baseline physical and local board mental examinations. Under IC 36-8-8-3(b), Firefighters employed by units that did not establish a 1937 Firefighters’ Pension Fund may be enrolled in PERF if the unit elected to join PERF.

If you are an employer participating in the ’77 Fund, it’s important to know that all full-time Police Officers and full-time Firefighters hired on or after July 1, 2022, must be enrolled in the ’77 Fund. In the past, some police and firefighters have been enrolled in PERF. Beginning July 1, 2022, employers participating in the ’77 Fund must enroll new hires in the ’77 Fund.

If this legislative change impacts you, contact our Employer Advocate Team today to review what changes need to be made. We’re available at (888) 876-2707 or via email at eppa@inprs.in.gov.

The importance of personal email addresses for new employees

When uploading your employees' email addresses, it’s important to ask for updated, personal email addresses to ensure they receive important information from INPRS regardless of their current employer.

Employees can update their email address that INPRS has on file by logging on to their secure account here.

Update to Hero’s Honor

Effective July 1, 2022, the 2022 Indiana General Assembly passed HEA 1174 which includes county coroners and deputy coroners to the list of first responders who may qualify for the special death benefit for public safety officers.

This benefit, called Hero's Honor, covers a line-of-duty death in the amount of $225,000. Eligible first responders may be enrolled in Hero's Honor. As an employer, you may elect to purchase coverage at $100 per year for each of your employees.

For more information on Hero’s Honor, click here.

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