Indiana § 5-10.3-12-20.5 Election by employee of political subdivision to become plan member;
failure to make election

Indiana Statutes

§ 5-10.3-12-20.5 — Election by employee of political subdivision to become plan member; failure to make election

Indiana § 5-10.3-12-20.5

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.3THE PUBLIC EMPLOYEES' RETIREMENT

Ch. 12Public Employees' Defined Contribution Plan

This text of Indiana § 5-10.3-12-20.5 (Election by employee of political subdivision to become plan member; failure to make election) 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 § 5-10.3-12-20.5 (2026).

Text

5.

(a)This section applies to an individual described in section 1(a)(3) of this chapter who is otherwise eligible to become a member of the plan.

(b)An individual described in subsection (a) may elect to become a member of the plan on the date the individual begins the individual's employment in a covered position with a political subdivision that participates in the plan. The election applies to all service credit that the member accrues in a covered position as an employee of the political subdivision while the political subdivision participates in the plan.

(c)An election under this section:

(1)must be made in writing;

(2)must be filed with the board on a form prescribed by the board; and

(3)is irrevocable.

(d)Except as provided in section 32(b) of this chapter, an individual de

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5. (a) This section applies to an
individual described in section 1(a)(3) of this chapter who is otherwise
eligible to become a member of the plan.
(b) An individual described in subsection (a) may elect to become
a member of the plan on the date the individual begins the individual's
employment in a covered position with a political subdivision that
participates in the plan. The election applies to all service credit that
the member accrues in a covered position as an employee of the
political subdivision while the political subdivision participates in the
plan.
(c) An election under this section:
(1) must be made in writing;
(2) must be filed with the board on a form prescribed by the
board; and
(3) is irrevocable.
(d) Except as provided in section 32(b) of this chapter, an individual
described in subsection (a) who does not elect to become a member of
the plan becomes a member (as defined in IC 5-10.3-1-5) of the fund
for all service credit that the member accrues in a covered position as
an employee of the political subdivision while the political subdivision
participates in the fund.