Sec. 5. (a) A member may suspend the member's membership in the applicable fund if the member terminates employment and is not currently employed in a covered position with the applicable fund.
(b) After five (5) continuous years in which the member performs no service, the member's membership shall be automatically suspended by the board unless the member has vested status.
(c) A member retains the member's creditable service for the period of employment before the suspension of membership, but only to the extent that the same period of employment is not being used by another governmental plan for purposes of the member's benefit in the other governmental plan.
As added by Acts 1977, P.L.53, SEC.2. Amended by P.L.22-1998, SEC.4; P.L.195-1999, SEC.11; P.L.165-2009, SEC.5; P.L.193-2016, SEC.9; P.L.179-2018, SEC.6.
Structure Indiana Code
Title 5. State and Local Administration
Article 10.2. Public Retirement and Disability Benefits
Chapter 3. Creditable Service; Contributions; Withdrawals; Death Settlements
5-10.2-3-1. Creditable Service
5-10.2-3-1.2. Additional Service Credit Purchase
5-10.2-3-2. Members' Contributions; Employers Picking Up
5-10.2-3-3. Deduction of Contributions
5-10.2-3-5. Suspension of Membership
5-10.2-3-6. Withdrawal of Contributions; Treatment of Suspended Member's Account
5-10.2-3-6.5. Withdrawal of Annuity Savings Account Before Retirement
5-10.2-3-7.5. Survivor Benefits; Forfeiture
5-10.2-3-7.6. Survivor Benefits of Member With 30 Years Creditable Service
5-10.2-3-8. Survivor Benefits; Death While Not in Service
5-10.2-3-9. Survivor Benefits; Death After July 1, 1991, While Eligible for Retirement Benefits