§ 5-10-5.5-23 — Voluntary benefit deductions

Indiana § 5-10-5.5-23

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 10: PUBLIC EMPLOYEE BENEFITS
• Ch. 5.5: State Excise Police, Gaming Agent, Gaming Control

Text

(a) Notwithstanding any other provision of
this chapter, a participant, survivor, or beneficiary receiving a monthly
benefit under this chapter may, after June 30, 2017, authorize the board
to make a deduction from the monthly benefit.
(b) An authorization for a deduction from a monthly benefit paid
under this chapter is valid only if all of the following requirements are
met:
(1) The authorization is:
(A) in writing;
(B) signed personally by the individual receiving the monthly
benefit;
(C) revocable at any time by the individual receiving the
monthly benefit upon written notice to the board; and
(D) agreed to in writing by the board.
(2) An executed copy of the authorization is delivered to the
board not later than ten (10) days after its execution.
(3) The deduction is made for a purpose described in subsection
(c).
(c) A deduction under this section may be made for the purpose of
paying any of the following:
(1) A premium on a policy of insurance for life, medical, surgical,
hospitalization, dental, vision, long term care, or Medicare
supplement coverage offered to retired participants by the
participant's former employer, the state, or the board.
(2) Dues payable by the individual receiving the benefit to a labor
organization of which the individual is a member.

Legislative History

As added by P.L.41-2017, SEC.1. Amended by P.L.179-2018, SEC.3.