35 Ind. Admin. Code 14-1-25

Current through December 25, 2024

Section 35 IAC 14-1-25 - "Benefit accrual date" defined

Authority: IC 5-10.5-4-2

Affected: IC 5-10.2; IC 5-10.4-5-8

Sec. 25.

(a) For members who choose not to delay their retirement date after ceasing employment, the benefit accrual date is the date in which a member ceases service.

(b) For all other members, the benefit accrual date is their retirement date chosen pursuant to IC 5-10.2-4-1.3 and in accordance with IC 5-10.2-4-1(d)(3).

35 IAC 14-1-25

Board of Trustees of the Indiana Public Retirement System; 35 IAC 14-1-25; adopted Nov 19, 2008: 20081126-IR-550080887ONA

Transferred from the Board of Trustees of the Indiana State Teachers' Retirement Fund ( 550 IAC 2-1-12.5) to the Board of Trustees of the Indiana Public Retirement System ( 35 IAC 14-1-25) by P.L. 23-2011, SECTION 22, effective July 1, 2011.