Sec. 15. (a) This subsection applies to participants who die before February 1, 2018. Surviving mothers, fathers, surviving spouses or unmarried children under the age of eighteen (18) years, of participants who have accrued at least fifteen (15) years of creditable service and who die, shall be entitled to receive survivors’ benefits in the amount provided in this chapter. Survivors’ benefits shall be paid to such of the above enumerated persons as the
participant shall nominate by written direction duly acknowledged and filed with the
board.
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Terms Used In Indiana Code 5-10-5.5-15
- Board: refers to the board of trustees of the Indiana public retirement system established by Indiana Code 5-10-5.5-1
- Participant: means any officer who has elected to participate in the retirement plan created by this chapter. See Indiana Code 5-10-5.5-1
(b) This subsection applies to participants who die after January 31, 2018. Only surviving mothers, fathers, surviving spouses, or unmarried children under the age of eighteen (18) years of participants who die are eligible to receive survivors’ benefits in the amount provided by this chapter. Survivors’ benefits shall be paid to those eligible persons whom the participant nominates by written direction duly acknowledged and filed with the board.
Formerly: Acts 1972, P.L.1, SEC.1; Acts 1975, P.L.21, SEC.2. As amended by P.L.136-2018, SEC.34; P.L.6-2020, SEC.3.