Sec. 10. (a) To the extent permitted by the Internal Revenue Code and the applicable regulations, the fund may accept, on behalf of any member, a rollover distribution from any of the following: (1) A qualified plan described in Section 401(a) or Section 403(a) of the Internal Revenue Code. (2) An annuity contract or account described in Section 403(b) of the Internal Revenue Code. (3) An eligible plan maintained by a state, a political subdivision of a state, or an agency or instrumentality of a state or political subdivision of a state under Section 457(b) of the Internal Revenue Code. (4) An individual retirement account or annuity described in Section 408(a) or Section 408(b) of the Internal Revenue Code. (b) Any amounts rolled over under subsection (a) must be accounted for in a "rollover account" that is separate from the member's annuity savings account. (c) A member may direct the investment of the member's rollover account into the stable value fund or any alternative investment option that the board may make available to the member's rollover account under IC 5-10.2-2-3 . (d) A member may withdraw the member's rollover account from the fund in a lump sum at any time before retirement. At retirement, the member may withdraw the member's rollover account in accordance with the retirement options that are available for the member's annuity savings account, including the deferral of a withdrawal. IC 5-10.2-4 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Consideration of certain claims for benefits 5-10.2-4-1 Eligibility for normal and early retirement 5-10.2-4-1.2 Repealed 5-10.2-4-1.3 Application procedure 5-10.2-4-1.4 Direct deposit benefit notice 5-10.2-4-1.5 Estimated benefit payments 5-10.2-4-1.7 Elected county official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 Retirement benefit payment options; changes to beneficiary designation or form of benefit; annual payment of monthly benefit 5-10.2-4-7.2 Changes to beneficiary designation 5-10.2-4-7.5 School corporations participating in Section 401(a) plans; participation in plan under this chapter 5-10.2-4-8 Reemployment after retirement; when retirement benefits application void 5-10.2-4-8.2 Election, appointment to elected position, or service in other position covered by this article 5-10.2-4-8.4 Retirement while serving in elected position 5-10.2-4-9 Death during reemployment 5-10.2-4-10 Benefits after reemployment 5-10.2-4-10.2 Repealed
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.