Withdrawal of Contributions to Purchase Creditable Service in Another Governmental Retirement Plan

Checkout our iOS App for a better way to browser and research.

Sec. 6.2. (a) This section applies to a member of the Indiana state teachers' retirement fund.

(b) A member who:

(1) has attained vested status in the fund;

(2) has terminated employment;

(3) has not begun receiving benefits; and

(4) is transferring creditable service earned under TRF to another governmental retirement plan under section 1(i) of this chapter;

may suspend the member's membership and withdraw the member's annuity savings account to purchase creditable service in the other governmental retirement plan.

As added by P.L.61-2002, SEC.4. Amended by P.L.115-2008, SEC.7.


Download our app to see the most-to-date content.