35 Ind. Admin. Code 14-2-1

Current through October 2, 2024

Section 35 IAC 14-2-1 - Withholding of benefit payment

Authority: IC 5-10.5-4-2

Affected: IC 5-10.2-4

Sec. 1.

Benefit payments may be withheld under any of the following circumstances:

(1) Order of the board.

(2) To offset the overpayment of benefits to a member or beneficiary until the overpayment is repaid to the fund.

(3) Pending investigation after three (3) consecutive monthly benefit checks have been returned by the United States Postal Service as undeliverable.

(4) After notification of a member's death.

(5) Pursuant to court order.

35 IAC 14-2-1

Board of Trustees of the Indiana Public Retirement System; 35 IAC 14-2-1; filed Oct 5, 1992, 5:00 p.m.: 16 IR 704; readopted filed Dec 3, 2001, 11:02 a.m.: 25 IR 1731; adopted Mar 27, 2007: 20070404-IR-550070200ONA

Transferred from the Board of Trustees of the Indiana State Teachers' Retirement Fund ( 550 IAC 2-2-1) to the Board of Trustees of the Indiana Public Retirement System ( 35 IAC 14-2-1) by P.L. 23-2011, SECTION 22, effective July 1, 2011.