Bill Title: HERO plan. Establishes the Hoosier Employee Retirement Option plan (plan) to encourage Indiana residents to increase their rate of saving and to build assets for the use of participants and their survivors and beneficiaries after a participant's retirement. Establishes a plan board (board) with nine members: the treasurer of state, the auditor of state, the director of the office of management and budget, the commissioner of the department of labor, and five members appointed by the governor. Provides that the appointed board members serve four year terms and that the treasurer is the board chair. Requires the board to provide

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-01-20 - First Reading: referred to Committee on Pensions & Labor [SB0555 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2015-01-16	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana SB0555

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana SB0555 currently on file.

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