Indiana § 5-10.2-4-1.3 Application procedure

Indiana Statutes

§ 5-10.2-4-1.3 — Application procedure

Indiana § 5-10.2-4-1.3

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.2PUBLIC RETIREMENT AND DISABILITY

Ch. 4Retirement and Disability Benefits

This text of Indiana § 5-10.2-4-1.3 (Application procedure) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 5-10.2-4-1.3 (2026).

Text

3.

(a)A member who files an application for retirement benefits must provide the following information on the application form:

(1)The retirement date chosen by the member.

(2)If the member has not elected to withdraw the entire amount in the member's annuity savings account under IC 5-10.2-3-6.5, the member's choice of any actuarially equivalent combination of:

(A)an annuity purchased from all or part of the amount credited to the member in the annuity savings account;

(B)a total or partial distribution from the annuity savings account under section 2(b) of this chapter; and

(C)a deferral of the payment of any benefits from the annuity savings account under section 2(c) of this chapter.

(3)The name of the beneficiary or beneficiaries designated by the member with respect to the pen

Free access — add to your briefcase to read the full text and ask questions with AI

3. (a) A member who files an application for
retirement benefits must provide the following information on the
application form:
(1) The retirement date chosen by the member.
(2) If the member has not elected to withdraw the entire amount
in the member's annuity savings account under IC 5-10.2-3-6.5,
the member's choice of any actuarially equivalent combination of:
(A) an annuity purchased from all or part of the amount
credited to the member in the annuity savings account;
(B) a total or partial distribution from the annuity savings
account under section 2(b) of this chapter; and
(C) a deferral of the payment of any benefits from the annuity
savings account under section 2(c) of this chapter.
(3) The name of the beneficiary or beneficiaries designated by the
member with respect to the pension portion of the member's
retirement benefit.
(4) The name of the beneficiary or beneficiaries designated by the
member with respect to the annuity portion of the member's
retirement benefit, unless the member chooses total distribution
under section 2 of this chapter.
(b) A member's designation of beneficiaries in the application for
retirement benefits supersedes any previous designation of
beneficiaries by the member.
(c) A member must indicate the name, address, date of birth, and
Social Security number of each designated beneficiary and provide
proof of birth of each designated beneficiary.
(d) The board shall adopt a form for the application for retirement
benefits that meets the requirements of this section.