Indiana Code 10-12-4-4. Deductions from wages
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Terms Used In Indiana Code 10-12-4-4
- 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
Sec. 4. An employee beneficiary shall contribute to the trust fund, by monthly deduction, six percent (6%) of the employee beneficiary’s wages (excluding payments for overtime and determined without regard to any salary reduction agreement established under Section 125 of the Internal Revenue Code).
[Pre-2003 Recodification Citation: 10-1-2.3-4.]
As added by P.L.2-2003, SEC.3.