Indiana § 5-10.3-8-10 Assignment of benefits

Indiana Statutes

§ 5-10.3-8-10 — Assignment of benefits

Indiana § 5-10.3-8-10

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.3THE PUBLIC EMPLOYEES' RETIREMENT

Ch. 8Benefits

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Bluebook

Ind. Code § 5-10.3-8-10 (2026).

Text

Assignment of Benefits. A member or a beneficiary may not assign any payment except for:

(1)premiums on a life, hospitalization, surgical, or medical group insurance plan maintained in whole or in part by:

(A)a state agency; or

(B)any association that proves to the board's satisfaction that the association has as members at least twenty percent (20%) of the number of the retired members of the fund; and

(2)dues to any association which proves to the board's satisfaction that the association has as members at least twenty percent (20%) of the number of the retired members of the fund. As added by Acts 1977, P.L.53, SEC.3. Amended by Acts 1980, P.L.28, SEC.9; P.L.12-2008, SEC.2.

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Assignment of Benefits. A member or a
beneficiary may not assign any payment except for:
(1) premiums on a life, hospitalization, surgical, or medical group
insurance plan maintained in whole or in part by:
(A) a state agency; or
(B) any association that proves to the board's satisfaction that
the association has as members at least twenty percent (20%)
of the number of the retired members of the fund; and
(2) dues to any association which proves to the board's
satisfaction that the association has as members at least twenty
percent (20%) of the number of the retired members of the fund.
As added by Acts 1977, P.L.53, SEC.3. Amended by Acts 1980,
P.L.28, SEC.9; P.L.12-2008, SEC.2.