Indiana Code Title 36. Local Government § 36-8-8-7.2

(1) who becomes a member of the 1977 fund under section 7(h) of this chapter;

(2) whose appointment as a fire chief or police chief ends after June 30, 2007;  and

(3) who is not eligible to receive a benefit from the 1977 fund at the end of the individual's appointment as a fire chief or police chief.

(1) to receive the fund member's contributions to the 1977 fund under section 8 of this chapter;  or

(2) to transfer the fund member's service credit earned as a fire chief or police chief to PERF under subsection (c).

(1) grant to the fund member service credit in PERF for all service earned as a fire chief or police chief in the 1977 fund;  and

(2) transfer from the 1977 fund to PERF:

(1) The fund member's contributions to the 1977 fund shall be credited to the fund member's PERF annuity savings account.

(2) The present value of the unreduced benefit that would be payable to the transferring fund member upon retirement under section 10 of this chapter shall be credited to PERF's retirement allowance account.