35 Ind. Admin. Code 2-5-1

Current through November 6, 2024

Section 35 IAC 2-5-1 - Date of disability payments; source of funds

Authority: IC 5-10.5-4-2; IC 36-8-8-5

Affected: IC 36-8-8

Sec. 1.

Disability benefits shall begin on the later of an effective date determined by the local board or the date following the exhaustion of all paid leave. The benefits shall be paid on the fifteenth of the month and be payable from the employer's contributions until the member attains his or her earliest retirement age under the fund, at which time the member's contribution account shall be eliminated, just as if the member had then retired.

35 IAC 2-5-1

Board of Trustees of the Indiana Public Retirement System; 35 IAC 2-5-1; filed Aug 6, 1980, 9:20 a.m.: 3 IR 1473; filed Aug 6, 1981, 2:30 p.m.: 4 IR 1805; filed May 7, 1998, 4:15 p.m.: 21 IR 3328; readopted filed Oct 31, 2001, 2:21 p.m.: 25 IR 898; adopted Nov 9, 2007: 20071205-IR-035070818ONA