Indiana Code 10-12-1-4. “Employee beneficiary”
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Sec. 4. “Employee beneficiary” means an eligible employee who:
(2) makes or causes to be made the proper deductions from wages as required by the pension trust.
(1) completes an application to become an employee beneficiary; and
Terms Used In Indiana Code 10-12-1-4
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
[Pre-2003 Recodification Citation: 10-1-1.9-4.]
As added by P.L.2-2003, SEC.3.