HB 1420

                                                          Introduced Version
           HOUSE BILL No. 1420
                 _____
              DIGEST OF INTRODUCED BILL
Citations Affected: IC 5-10.3-8-10.5.
Synopsis: 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.
Effective: July 1, 2026.
                          GiaQuinta
   January 8, 2026, read first time and referred to Committee on Employment, Labor and
Pensions.
2026  IN 1420—LS 6605/DI 144
                                                                                       Introduced
            Second Regular Session of the 124th General Assembly (2026)
 PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
 Constitution) is being amended, the text of the existing provision will appear in this style type,
 additions will appear in this style type, and deletions will appear in this style type.
   Additions: Whenever a new statutory provision is being enacted (or a new constitutional
 provision adopted), the text of the new provision will appear in this style type. Also, the
 word NEW will appear in that style type in the introductory clause of each SECTION that adds
 a new provision to the Indiana Code or the Indiana Constitution.
  Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
 between statutes enacted by the 2025 Regular Session of the General Assembly.
                   HOUSE BILL No. 1420
    A BILL FOR AN ACT to amend the Indiana Code concerning
 pensions.
     Be it enacted by the General Assembly of the State of Indiana:
1    SECTION 1. IC 5-10.3-8-10.5 IS ADDED TO THE INDIANA
2 CODE AS A NEW SECTION TO READ AS FOLLOWS
3 [EFFECTIVE JULY 1, 2026]: Sec. 10.5. (a) This section applies
4 when a member is a party to an action for dissolution of marriage
5 under IC 31-15-2.
6    (b) Notwithstanding sections 9 and 10 of this chapter, a court
7 may do either of the following in a dissolution decree (as defined in
8 IC 31-9-2-41):
9      (1) Order the assignment of all or part of the monthly benefits
10      that the member is entitled to receive to another party in the
11      action for dissolution of marriage.
12      (2) Order the garnishment and transfer of all or part of the
13      monthly benefits that the member is entitled to receive to
14      another party in the action for dissolution of marriage.
15    (c) The board shall pay the amounts ordered under subsection
16 (b):
17      (1) at the time the member:
 2026  IN 1420—LS 6605/DI 144
                                 2
1(A) is entitled; or
2(B) was entitled;
3to receive the amounts;
4(2) to the parties specified in the order; and
5(3) in the proportionate amounts required by the order.
2026  IN 1420—LS 6605/DI 144