Section 5-10.4-7-3 - Requirement to deduct member contribution from salary; report to member(a) Unless the member's contribution is made on behalf of the member or the member is a retired member who may not make contributions during a period of reemployment as provided under IC 5-10.2-4-8(e), the treasurer of a school corporation, the township trustee, or the appropriate officer of any other institution covered by the fund shall: (1) deduct from each member's salary the member's contribution for the fund; and(2) issue to each member, on behalf of the board, a statement for each contribution deducted.(b) The statement described in subsection (a)(2) is evidence that the member has credit from the fund for payment of the stated contribution.Pre-2006 Education Finance Recodification Citation: 21-6.1-7-3.
Amended by P.L. 195-2013, SEC. 14, eff. 7/1/2013.As added by P.L. 2-2006, SEC.28. Amended by P.L. 72-2007, SEC.11; P.L. 1-2009, SEC.20.