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2017 Indiana Code
TITLE 10. Public Safety
ARTICLE 12. STATE POLICE PENSIONS AND BENEFITS
CHAPTER 2. Pension, Death, Disability, Survivor, and Other Benefits
10-12-2-4. Mortality reserve account
Universal Citation: IN Code § 10-12-2-4 (2017)
IC 10-12-2-4 Mortality reserve account
Sec. 4. The department may establish, operate, and make necessary contributions to a mortality reserve account for the payment of supplementary death benefits to deceased employee beneficiaries. However, a supplementary death benefit may not exceed:
(1) fourteen thousand five hundred dollars ($14,500), for an employee beneficiary who dies before July 1, 2013; or
(2) twenty thousand dollars ($20,000), for an employee beneficiary who dies after June 30, 2013.
[Pre-2003 Recodification Citation: 10-1-2-3.]
As added by P.L.2-2003, SEC.3. Amended by P.L.61-2013, SEC.1.
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