2024 Indiana Code
Title 5. State and Local Administration
Article 10. Public Employee Benefits
Chapter 8.5. Retirement Medical Benefits Account
5-10-8.5-17. Eligibility for Benefits; Benefit Amount

Sec. 17. (a) A retired participant is entitled to receive a benefit from the account. The benefit amount is the balance in the participant's subaccount as determined under this chapter.

(b) A participant who is not a retired participant is not entitled to receive a benefit from the account when the participant separates from service.

(c) Years of service that accrued to an individual during the individual's service as an employee described in section 1(b)(1) through 1(b)(3) of this chapter may not be included in determining the individual's eligibility for the retirement medical benefits account under this chapter, regardless of whether the individual is a retired participant described in section 9 of this chapter.

As added by P.L.44-2007, SEC.1. Amended by P.L.229-2011, SEC.76; P.L.108-2019, SEC.93.