Statutes, codes, and regulations
Indiana Administrative Code
Title 35 - BOARD OF TRUSTEES OF THE INDIANA PUBLIC RETIREMENT SYSTEMArticle 14 - INDIANA STATE TEACHERS' RETIREMENT FUND
Rule 35 IAC 14-6 - Death in Service Benefits
Section 35 IAC 14-6-2 - Death in service; classroom disability benefits

35 Ind. Admin. Code 14-6-2

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Current through November 6, 2024
Section 35 IAC 14-6-2 - Death in service; classroom disability benefits

Authority: IC 5-10.5-4-2

Affected: IC 5-10.2-3-7.5; IC 5-10.2-3-8; IC 5-10.4-5

Sec. 2.

Whenever a member dies after or while receiving classroom disability benefits and before applying for retirement or disability retirement, the amount held in the annuity savings account shall be reduced by the sum of benefits paid. The remainder, if any, shall be paid to a designated beneficiary or the member's estate.

35 IAC 14-6-2

Board of Trustees of the Indiana Public Retirement System; 35 IAC 14-6-2; filed Oct 5, 1992, 5:00 p.m.: 16 IR 709; readopted filed Dec 3, 2001, 11:02 a.m.: 25 IR 1731; adopted Mar 27, 2007: 20070404-IR-550070200ONA

Transferred from the Board of Trustees of the Indiana State Teachers' Retirement Fund ( 550 IAC 2-6-2) to the Board of Trustees of the Indiana Public Retirement System ( 35 IAC 14-6-2) by P.L. 23-2011, SECTION 22, effective July 1, 2011.