Right to Net Amount Paid Into Fund From Wages

1. Law
2. Indiana Code
3. Public Safety
4. State Police Pensions and Benefits
5. The State Police Pre-1987 Benefit System
6. 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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