Indiana § 2-3.5-5-10 Assignment of benefits

Indiana Statutes

§ 2-3.5-5-10 — Assignment of benefits

Indiana § 2-3.5-5-10

Art. 3.5LEGISLATIVE RETIREMENT BENEFITS

Ch. 5Legislators' Defined Contribution Plan

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Bluebook

Ind. Code § 2-3.5-5-10 (2026).

Text

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 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.

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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 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.