§ 5-10.4-8-17 — Resuming membership; second election not allowed

Indiana § 5-10.4-8-17

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 10.4: STATE TEACHERS' RETIREMENT FUND
• Ch. 8: Teachers' Defined Contribution Plan

Text

(a) If a member of the plan separates from
employment with the member's employer and later returns to
employment in a position covered by the plan:
(1) the individual resumes membership in the plan; and
(2) the member is entitled to receive credit for the member's years
of participation in the plan before the member's separation.
(b) An individual who elected under section 6 of this chapter to
become a member of the plan resumes membership in the plan upon
the individual's return to employment covered by the plan.
(c) An individual who did not elect to become a member of the plan
resumes membership in the fund.
(d) An individual who returns to employment in a position covered
by the plan having had an opportunity to make an election under
section 6 of this chapter during an earlier period of employment is not
entitled to a second opportunity to make an election under section 6 of
this chapter.

Legislative History

As added by P.L.217-2017, SEC.58.