Indiana Code Title 21. Higher Education § 21-17-5-6

Sec. 6. Whenever a police officer retires after at least twenty (20) years of service, the police officer may retain the officer's service weapon.  The officer is entitled to receive, in recognition of the service to the educational institution and the public, a badge that indicates that the officer is retired.  Upon retirement, the state police department shall issue to the police officer an identification card that:

A retired police officer described in this section is entitled to a lifetime license to carry a handgun as described under IC 35-47-2-3(g).