§ 5-10-11-4 — Establishment of program and fund; transfer of fund

Indiana § 5-10-11-4

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 10: PUBLIC EMPLOYEE BENEFITS
• Ch. 11: State Employees' Death Benefit

Text

(a) The state shall establish and operate a death
benefit program for the payment of lump sum death benefits to the
survivors of a state employee who dies in the line of duty. The state
may provide these benefits by purchasing group life insurance or by
establishing a program of self-insurance.
(b) If the state establishes a program of self-insurance, the state shall
fund the program by such contributions as considered necessary by the
board. The board shall deposit any contributions received to maintain
the program in the special death benefit fund established by IC 5-10-9.8-2, and the board shall pay benefits out of the special death
benefit fund.
(c) This subsection applies if the state established a fund under this
section before July 1, 2017. The special death benefit fund established
by IC 5-10-9.8-2 is the successor of the fund established under this
section. On July 1, 2017, the board shall transfer money in the fund
established under this section to the special death benefit fund
established by IC 5-10-9.8-2. As of July 1, 2017, pending claims
against the fund under this section become pending claims against the
special death benefit fund established by IC 5-10-9.8-2. The board shall
maintain the records of the fund established under this section as if the
records were created for the purposes of the special death benefit fund
established by IC 5-10-9.8-2.

Legislative History

As added by P.L.49-1989, SEC.7. Amended by P.L.25-1994, SEC.2; P.L.40-2017, SEC.4.