summary
Introduced
01/08/2026
01/08/2026
In Committee
01/08/2026
01/08/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Assignment of public employee pensions. Permits a court to order in an action for dissolution of marriage the assignment or garnishment of the monthly benefits that a member of the public employees' retirement fund is entitled to receive to another party in the dissolution action.
AI Summary
This bill, effective July 1, 2026, allows a court to order the assignment or garnishment of monthly retirement benefits from the public employees' retirement fund to another party involved in a divorce case. Specifically, in an action for dissolution of marriage (divorce), a judge can issue a divorce decree that directs the retirement fund's board to pay all or a portion of a member's monthly benefits to their former spouse or other party in the divorce. These payments will be made at the time the member is entitled to receive them, to the designated parties, and in the amounts specified by the court's order, overriding existing rules that might otherwise prevent such assignments or garnishments.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
First reading: referred to Committee on Employment, Labor and Pensions (on 01/08/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://iga.in.gov/legislative/2026/bills/house/1420/details |
| BillText | https://iga.in.gov/pdf-documents/124/2026/house/bills/HB1420/HB1420.01.INTR.pdf |
| Fiscal Note #1: Introduced | https://iga.in.gov/pdf-documents/124/2026/house/bills/HB1420/fiscal-notes/HB1420.01.INTR.FN001.pdf |
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