Ind. Code § 10-12-2-4
Current through P.L. 171-2024
The department may establish, operate, and make necessary contributions to a mortality reserve account for the payment of supplementary death benefits to deceased employee beneficiaries. However, a supplementary death benefit may not exceed twenty thousand dollars ($20,000). The department may not use a deceased employee beneficiary's retirement date with the department as a factor in determining the amount of the deceased employee beneficiary's supplementary death benefit.
IC 10-12-2-4
Pre-2003 Recodification Citation: 10-1-2-3.