Section 35IAC14-5-2. Omitted contributions

   (a) In any case where the employing unit has failed to report and forward the requisite contributions, service credit will not be granted until the member and/or the employer remits the full amount due.

  (b) If a member's annual compensation is retroactively increased through court judgment or order, settlement of a claim, or some other means, contributions shall be deducted at the time the member receives the money even though it is attributable to other years. (Board of Trustees of the Indiana Public Retirement System; 35 IAC 14-5-2; filed Oct 5, 1992, 5:00 p.m.: 16 IR 707; readopted filed Dec 3, 2001, 11:02 a.m.: 25 IR 1731; adopted Nov 19, 2008: 20081126-IR-550080887ONA) NOTE: Transferred from the Board of Trustees of the Indiana State Teachers' Retirement Fund (550 IAC 2-5-2) to the Board of Trustees of the Indiana Public Retirement System (35 IAC 14-5-2) by P.L.23-2011, SECTION 22, effective July 1, 2011.