Indiana § 8-10-5-6.5 - Retirement plans for port authority railroad employees
Full text of Indiana Indiana Code § 8-10-5-6.5 — Retirement plans for port authority railroad employees, with citation guidance and answers to common questions.
§ 8-10-5-6.5. Retirement plans for port authority railroad employees
Sec. 6.5. (a) A port authority operating a railroad under this chapter may establish a retirement plan for the benefit of the port authority's railroad employees and past railroad employees who are not members of the public employees' retirement fund.
(b) If a port authority establishes a retirement plan under subsection (a), the port authority may do the following:
(1) Provide for the method, manner, and amount of contributions by the:
(A) port authority out of the port authority's railroad revenues or reserves; and
(B) railroad employees of the port authority, if required by the retirement plan.
(2) Create an account for the retirement plan and allocate to the account contributions sufficient to establish the retirement plan on a sound actuarial basis, including contributions for past services of employees.
(c) A retirement plan established under subsection (a) may not require contributions from an employee that exceed six percent (6%) of the employee's wages or salary.
As added by P.L.16-1998, SEC.1.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 8-10-5-6.5
What does Indiana Code § 8-10-5-6.5 cover?
Section 8-10-5-6.5 ("Retirement plans for port authority railroad employees") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 8-10-5-6.5?
A common citation format is "Indiana Code § 8-10-5-6.5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 8-10-5-6.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.