Sec. 4. An employee may not be both an active:
(1) fund member; and
(2) retirement benefit system participant;
at the same time.
[Pre-2007 Higher Education Recodification Citation: 21-6.1-8-2(j).]
As added by P.L.2-2007, SEC.279.
Structure Indiana Code
Article 38. State Educational Institutions: Personnel; Compensation; Benefits
Chapter 7. Transfer of Membership From Indiana State Teachers' Retirement Fund; State Appropriation
21-38-7-1. Applicability of Chapter
21-38-7-3. Power of State Educational Institutions to Establish Retirement Benefit System
21-38-7-4. Restricted Participation in Retirement Benefit System
21-38-7-5. Participation in Retirement Benefit System
21-38-7-6. Employee Election to Participate in Retirement Benefit System
21-38-7-7. Noncontributing Fund Members; Date Participation Is Effective
21-38-7-8. Contributing Fund Members; Date Participation Is Effective
21-38-7-9. Prohibition on Rejoining Fund