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2017 Indiana Code
TITLE 10. Public Safety
ARTICLE 12. STATE POLICE PENSIONS AND BENEFITS
CHAPTER 3. The State Police Pre-1987 Benefit System
10-12-3-5. Right to net amount paid into fund from wages
Universal Citation: IN Code § 10-12-3-5 (2017)
IC 10-12-3-5 Right to net amount paid into fund from wages
Sec. 5. If an employee beneficiary ceases to be an eligible employee for any reason, including death, disability, unemployment, or retirement:
(1) the employee beneficiary;
(2) the employee beneficiary's beneficiary; or
(3) the employee beneficiary's estate;
is entitled to receive at least the net amount paid into the trust fund from the wages of the employee beneficiary, either in a lump sum or in monthly installments not less than the basic pension amount.
[Pre-2003 Recodification Citation: 10-1-2.2-5.]
As added by P.L.2-2003, SEC.3.
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