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Judges’, prosecutors’ pension funds receive split of surplus reserves

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Indiana’s Judges’ Pension Fund and Prosecutors’ Pension Fund will receive nearly 30 percent of the $360 million in surplus money from the state reserves, the governor’s office announced Thursday.

The Judges’ Pension Fund receives $90,187,160; the Prosecutors’ Pension Fund adds $17,363,392. The money is coming from proceeds from the first automatic taxpayer refunds, Gov. Mitch Daniels’ plan to return money to residents when the state’s reserves exceed a certain threshold.

“Many pension funds in other states are headed for massive defaults, but not here. Our state police, conservation, excise and gaming officers, judges, prosecutors and teachers deserve rock-solid, retirement security in return for their dutiful and often sacrificed public service. Indiana’s pension funds, among the best-funded anywhere, are now in even better condition,” said Daniels in a statement.

The remainder of the $360,640,000 will be distributed to the pension funds of conservation, gaming and excise officers; state police; and the Pre-1996 Teachers’ Retirement Fund. The teachers’ retirement fund receives the biggest chunk – more than $206 million.

 

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  1. For many years this young man was "family" being my cousin's son. Then he decided to ignore my existence and that of my daughter who was very hurt by his actions after growing up admiring, Jason. Glad he is doing well, as for his opinion, if you care so much you wouldn't ignore the feelings of those who cared so much about you for years, Jason.

  2. Good riddance to this dangerous activist judge

  3. What is the one thing the Hoosier legal status quo hates more than a whistleblower? A lawyer whistleblower taking on the system man to man. That must never be rewarded, must always, always, always be punished, lest the whole rotten tree be felled.

  4. I want to post this to keep this tread alive and hope more of David's former clients might come forward. In my case, this coward of a man represented me from June 2014 for a couple of months before I fired him. I knew something was wrong when he blatantly lied about what he had advised me in my contentious and unfortunate divorce trial. His impact on the proceedings cast a very long shadow and continues to impact me after a lengthy 19 month divorce. I would join a class action suit.

  5. The dispute in LB Indiana regarding lake front property rights is typical of most beach communities along our Great Lakes. Simply put, communication to non owners when visiting the lakefront would be beneficial. The Great Lakes are designated navigational waters (including shorelines). The high-water mark signifies the area one is able to navigate. This means you can walk, run, skip, etc. along the shores. You can't however loiter, camp, sunbath in front of someones property. Informational signs may be helpful to owners and visitors. Our Great Lakes are a treasure that should be enjoyed by all. PS We should all be concerned that the Long Beach, Indiana community is on septic systems.

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