Ind. Code § 5-10.3-8-10

Current through P.L. 171-2024
Section 5-10.3-8-10 - Assignment of benefits

A member or a beneficiary may not assign any payment except for:

(1) premiums on a life, hospitalization, surgical, or medical group insurance plan maintained in whole or in part by:
(A) a state agency; or
(B) any association that proves to the board's satisfaction that the association has as members at least twenty percent (20%) of the number of the retired members of the fund; and
(2) dues to any association which proves to the board's satisfaction that the association has as members at least twenty percent (20%) of the number of the retired members of the fund.

IC 5-10.3-8-10

As added by Acts1977 , P.L. 53, SEC.3. Amended by Acts1980 , P.L. 28, SEC.9; P.L. 12-2008, SEC.2.