IC 5-10.3-7-14: Governor's waiver of membership

Sec. 14. A governor who makes an irrevocable choice under IC 4-3-3-1.1 to receive a retirement benefit other than the retirement benefit from the fund under IC 5-10.2 and this article waives the governor's right to any pension benefit from the fund on and after the date of the governor's irrevocable choice. After the governor makes that irrevocable choice, the governor is entitled, as a member of the fund, to the contributions required under sections 9 and 9.6 of this chapter. The retirement and surviving spouse benefits for a governor are determined in accordance with IC 4-3-3.