HB1300Introduced in the House
Deferred retirement option plan.
Introduced by Vernon Smith, District 14
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Deferred retirement option plan. Allows a member of the 1925 police pension fund, 1937 firefighters' pension fund, 1953 police pension fund (Indianapolis), or 1977 police officers' and firefighters' pension and disability fund to withdraw from the deferred retirement option plan (DROP) and make an election to enter the DROP for a second time not earlier than three years after the date the member withdraws from the DROP. Provides that a member may make an election to enter the DROP only twice in the member's lifetime.
Where it stands
First reading: referred to Committee on Employment, Labor and Pensions
January 6, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Authored by Representative Smith V
First reading: referred to Committee on Employment, Labor and Pensions
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