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 1987 Benefit System
6. Right to Net Amount Paid Into Fund From Wages

Sec. 6. If an employee beneficiary ends employment for any reason before qualifying for a benefit under this chapter, the trustee shall pay to:

(1) the employee beneficiary;

(2) the employee beneficiary's beneficiary; or

(3) the employee beneficiary's estate;

the net amount paid into the trust fund from the employee beneficiary's wages. This amount may be paid in a lump sum or in monthly installments not less than the basic pension amount.

[Pre-2003 Recodification Citation: 10-1-2.3-6.]

As added by P.L.2-2003, SEC.3.

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