Sec. 1.3. (a) A member who files an application for retirement benefits must provide the following information on the application form:
(1) The retirement date chosen by the member.
(2) If the member has not elected to withdraw the entire amount in the member's annuity savings account under IC 5-10.2-3-6.5, the member's choice of any actuarially equivalent combination of:
(A) an annuity purchased from all or part of the amount credited to the member in the annuity savings account;
(B) a total or partial distribution from the annuity savings account under section 2(b) of this chapter; and
(C) a deferral of the payment of any benefits from the annuity savings account under section 2(c) of this chapter.
(3) The name of the beneficiary or beneficiaries designated by the member with respect to the pension portion of the member's retirement benefit.
(4) The name of the beneficiary or beneficiaries designated by the member with respect to the annuity portion of the member's retirement benefit, unless the member chooses total distribution under section 2 of this chapter.
(b) A member's designation of beneficiaries in the application for retirement benefits supersedes any previous designation of beneficiaries by the member.
(c) A member must indicate the name, address, date of birth, and Social Security number of each designated beneficiary and provide proof of birth of each designated beneficiary.
(d) The board shall adopt a form for the application for retirement benefits that meets the requirements of this section.
As added by P.L.195-1999, SEC.13. Amended by P.L.115-2008, SEC.9; P.L.35-2012, SEC.41; P.L.40-2017, SEC.8.
Structure Indiana Code
Title 5. State and Local Administration
Article 10.2. Public Retirement and Disability Benefits
Chapter 4. Retirement and Disability Benefits
5-10.2-4-0.1. Application of Certain Amendments to Chapter
5-10.2-4-0.3. Consideration of Certain Claims for Benefits
5-10.2-4-1. Eligibility for Normal and Early Retirement
5-10.2-4-1.3. Application Procedure
5-10.2-4-1.4. Direct Deposit Benefit Notice
5-10.2-4-1.5. Estimated Benefit Payments
5-10.2-4-1.7. Elected County Official Eligibility for Normal Retirement
5-10.2-4-1.9. Eligibility of Certain State Officers for Normal Retirement
5-10.2-4-2. Annuity or Distribution Benefits; Choice of Plans; Payment of Final Contributions
5-10.2-4-3. Average of the Annual Compensation
5-10.2-4-3.1. Compensation From Two or More Employers; Computation of Average
5-10.2-4-4. Retirement Benefit Computation
5-10.2-4-5. Early Retirement Percent Reduction
5-10.2-4-6. Disability Retirement
5-10.2-4-7.2. Changes to Beneficiary Designation
5-10.2-4-8. Reemployment After Retirement; When Retirement Benefits Application Void
5-10.2-4-8.4. Retirement While Serving in Elected Position
5-10.2-4-9. Death During Reemployment