Ind. Code § 2-3.5-4-12

Current through P.L. 171-2024

Section 2-3.5-4-12 - Assignment of benefits

A participant or beneficiary may not assign any payment under this chapter except for:

(1) premiums on a life, hospitalization, surgical, or medical group insurance plan maintained in whole or in part by a state agency; and

(2) dues to an association that proves to the board's satisfaction that the association has as members at least twenty percent (20%) of the retired participants in the legislators' defined benefit plan.

IC 2-3.5-4-12

As added by P.L. 6-1989, SEC.1.