Ind. Code § 10-12-4-6

Current through P.L. 171-2024

Section 10-12-4-6 - Right to net amount paid into fund from wages

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.

IC 10-12-4-6

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

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