Indiana Statutes

§ 10-12-2-10 — Encumbering shares of benefits before payment; reimbursement of employers; withholding payments while charges of criminal taking from employer pending

Indiana·Title 10 PUBLIC SAFETY·Art. 12 STATE POLICE PENSIONS AND BENEFITS·Ch. 2 Pension, Death, Disability, Survivor, and Other Benefits
(a)A person entitled to, having an interest in, or sharing a pension or benefit from the trust funds does not, before the actual payment of the pension or benefit, have the right to anticipate, sell, assign, pledge, mortgage, or otherwise dispose of or encumber the pension or benefit.
(b)A person's interest, share, pension, or benefit, before the actual payment of the interest, share, pension, or benefit, may not be:
(1)used to satisfy the debts or liabilities of the person entitled to the interest, share, pension, or benefit;
(2)subject to attachment, garnishment, execution, or levy or sale on judicial proceedings; or
(3)transferred by any means, voluntarily or involuntarily.
(c)The trustee may pay from the trust fund the amounts that the trustee determines are proper and necessary

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Indiana § 10-12-2-10 (Encumbering shares of benefits before payment; reimbursement of employers; withholding payments while charges of criminal taking from employer pending) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.2-2003, SEC.3. Amended by P.L.203-2019, SEC.3.

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