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: Bipartisan Bill

Status: (Introduced - Dead) 2015-02-09 - Representative Niezgodski added as coauthor [HB1279 Detail]

Text: Latest bill text (Introduced) [PDF]

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