Terms Used In Indiana Code 36-8-6-18

  • 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. 18. If a second or third class city maintains a police pension fund that pays a smaller amount to the beneficiary under prior statutes governing the pension fund, this chapter does not increase those amounts.

[Pre-Local Government Recodification Citation: 19-1-24-6.]

As added by Acts 1981, P.L.309, SEC.55.