Sec. 14.5. A member's transfer of a benefit payment is void. However, a member may assign benefits for paying:
(1) premiums on a group, life, hospitalization, surgical, or medical insurance plan maintained in whole or in part by a state agency; and
(2) dues to any association that proves to the board's satisfaction that the association has as members at least twenty percent (20%) of the number of retired members of the fund.
As added by P.L.15-2013, SEC.5.
Structure Indiana Code
Title 5. State and Local Administration
Article 10.4. State Teachers' Retirement Fund
5-10.4-5-0.2. Application of Certain Amendments to Chapter
5-10.4-5-0.3. Validation of Certain Actions Taken by Public Schools
5-10.4-5-1. Disability Benefit
5-10.4-5-2. Calculation of Disability Benefit
5-10.4-5-3. Deduction From Death Benefits
5-10.4-5-4. Election to Terminate Disability Benefit at Retirement Age
5-10.4-5-5. Prohibition Against Mandatory Retirement Age
5-10.4-5-6. Eligibility for Retirement Benefits
5-10.4-5-7. Member-Legislators
5-10.4-5-8. Designation of Retirement Date
5-10.4-5-9. Schedule; Initial Pension Benefit
5-10.4-5-10. Cancellation of Uncashed Benefit Check
5-10.4-5-12. Death Before Retirement; Payment of Benefits
5-10.4-5-13. Calculation of Benefit; Teaching After Initial Retirement
5-10.4-5-14.5. Assignment of Benefits
5-10.4-5-15. Termination of Benefits; Grounds; Limitations
5-10.4-5-16. Retirement Before July 1, 1975; Limitations on Reductions in Benefits