Indiana Code 36-8-7.5-20. Benefits paid contrary to law; recovery of pension
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Terms Used In Indiana Code 36-8-7.5-20
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Fraud: Intentional deception resulting in injury to another.
Sec. 20. Any pension, annuity, or benefit provided for in this chapter that is paid by the local board contrary to this chapter or on account of the fraud or misrepresentation by the member concerned or any other applicant shall be treated as erroneously paid, and the local board may recover the pension, annuity, or benefit in an action against the person to whom the benefit was paid or against the estate of the person. The local board may also deduct these amounts from any future pensions, annuities, or benefits properly payable to the member or the member’s dependents.
As added by Acts 1982, P.L.77, SEC.9. Amended by P.L.127-2017, SEC.259.