§ 2-3.5-1-1 Completion of service before April 30, 1989; entitlement
§ 2-3.5-1-2 Service on April 30, 1989; election of benefit plans
§ 2-3.5-1-3 Elected or appointed after April 30, 1989; defined contribution plan
§ 2-3.5-1-4 Service before and after, but not on April 30, 1989; defined contribution plan
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Terms Used In Indiana Code > Title 2 > Article 3.5 > Chapter 1 - Application

  • 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.