Indiana § 5-10.4-8-14 Assets of plan exempt from levy, sale, garnishment, attachment, or
other legal process; limited assignment by member

Indiana Statutes

§ 5-10.4-8-14 — Assets of plan exempt from levy, sale, garnishment, attachment, or other legal process; limited assignment by member

Indiana § 5-10.4-8-14

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.4STATE TEACHERS' RETIREMENT FUND

Ch. 8Teachers' Defined Contribution Plan

This text of Indiana § 5-10.4-8-14 (Assets of plan exempt from levy, sale, garnishment, attachment, or other legal process; limited assignment by member) 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 § 5-10.4-8-14 (2026).

Text

(a)All assets in the plan are exempt from levy, sale, garnishment, attachment, or other legal process.

(b)A member, beneficiary, or survivor may not assign any payment under this chapter except for the following:

(1)Premiums on a life, hospitalization, surgical, or medical group insurance plan maintained in part by a state agency.

(2)Dues to an association that proves to the board's satisfaction that the association has as members at least twenty percent (20%) of the retired members in the plan.

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(a) All assets in the plan are exempt from
levy, sale, garnishment, attachment, or other legal process.
(b) A member, beneficiary, or survivor may not assign any payment
under this chapter except for the following:
(1) Premiums on a life, hospitalization, surgical, or medical group
insurance plan maintained in part by a state agency.
(2) Dues to an association that proves to the board's satisfaction
that the association has as members at least twenty percent (20%)
of the retired members in the plan.