Citations Affected: IC 5-10-6.5.
Synopsis: State employee leave time. Entitles an employee of a state
agency who resigns or retires with at least ten years of creditable
service to be paid for a part of the employee's accrued but unused leave
time. Requires the payment be made to the employee's designated
beneficiary or the employee's estate if the employee dies while
employed by the state.
Effective: July 1, 2000.
January 10, 2000, read first time and referred to Committee on Labor and Employment.
A BILL FOR AN ACT to amend the Indiana Code concerning state
and local administration.
part of the employee's leave time equal to the amount determined
in STEP FIVE of the following formula:
STEP ONE: Determine the amount of the employee's leave time expressed as hours.
STEP TWO: Subtract two hundred twenty-five (225) from the amount determined in STEP ONE. If the result is zero (0) or less, the result of this STEP is zero (0).
STEP THREE: Multiply the result of STEP TWO by the following amount, whichever is applicable to the employee:
(A) Twenty hundredths (0.20) if the employee has at least ten (10) years of creditable service but less than fifteen (15) years of creditable service.
(B) Thirty-five hundredths (0.35) if the employee has at least fifteen (15) years of creditable service but less than twenty (20) years of creditable service.
(C) Fifty hundredths (0.50) if the employee has at least twenty (20) years of creditable service.
STEP FOUR: Add to the amount determined in STEP THREE the lesser of the following:
(A) Two hundred twenty-five (225).
(B) The amount determined in STEP ONE.
STEP FIVE: Multiply the amount determined in STEP FOUR by the employee's hourly rate of pay on the date the employee resigned, retired, or died.
Sec. 4. If an employee dies while employed by a state agency:
(1) the employee's designated beneficiary; or
(2) the employee's estate, if the employee does not have a designated beneficiary;
shall be paid an amount for the employee's accrued leave time that the employee would have been paid under section 3 of this chapter if the employee had resigned effective the day the employee died.
Sec. 5. The state personnel department may adopt rules under IC 4-22-2 to implement this chapter.