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Committee pauses Vanderburgh County pension transparency bill for amendment
Summary
Senate Bill 144, prompted by Vanderburgh County officials, would require annual reporting to county councils about sheriff retirement fund performance; the committee held the bill so sponsors could narrow its scope to counties only.
Senators agreed to hold Senate Bill 144 while its sponsor prepares an amendment to narrow its scope after committee testimony described concerns at Vanderburgh County over the sheriff retirement fund.
Senator Becker told the committee the bill originated with the Vanderburgh County Council and the county sheriff's office after the council discovered the sheriff retirement fund was several million dollars short despite a…
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