Sec. 12. A participant or beneficiary may not assign any payment under this chapter except for:
(1) premiums on a life, hospitalization, surgical, or medical group insurance plan maintained in whole or in part by a state agency; and
(2) dues to an association that proves to the board's satisfaction that the association has as members at least twenty percent (20%) of the retired participants in the legislators' defined benefit plan.
As added by P.L.6-1989, SEC.1.
Structure Indiana Code
Article 3.5. Legislative Retirement Benefits
Chapter 4. Legislators' Defined Benefit Plan
2-3.5-4-2. Members 65 and Older; Monthly Retirement Benefit; Conditions
2-3.5-4-3. Monthly Retirement Benefit; Computation
2-3.5-4-4. Participants 55 and Older; Reduced Monthly Retirement Benefit; Computation
2-3.5-4-4.1. Monthly Retirement Benefit; Conditions
2-3.5-4-5. Disabled Participant; Benefits; Transcripts, Records, and Other Materials
2-3.5-4-6. Surviving Spouse; Benefits
2-3.5-4-7. Dependent Children; Benefits
2-3.5-4-8. Manner of Payment; Application for Benefits; Termination
2-3.5-4-9. Actuarial Valuation; Annual Determinations
2-3.5-4-10. Biennial Appropriations
2-3.5-4-11. Exemptions; Criminal Taking of State Property
2-3.5-4-12. Assignment of Benefits
2-3.5-4-13. Benefit Increases Payable After June 30, 1992; Calculation