Salary

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Sec. 10. "Salary" means:

(1) the salary; and

(2) the business per diem allowance and the subsistence allowance treated as compensation for federal income tax purposes;

paid to a participant by the state, determined without regard to any salary reduction agreement established under Section 125 or Section 457 of the Internal Revenue Code.

As added by P.L.6-1989, SEC.1. Amended by P.L.5-1992, SEC.1; P.L.4-1992, SEC.2; P.L.195-1999, SEC.1 and P.L.205-1999, SEC.2.


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