Indiana Code 5-10.4-5-8. Designation of retirement date
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Sec. 8. (a) A member who:
(2) is eligible for retirement benefits;
(1) has ceased employment in the public schools; and
Terms Used In Indiana Code 5-10.4-5-8
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
shall designate a retirement date as described in IC 5-10.2-4-1.
(b) A member who chooses to begin receiving retirement benefits at the time the member ceases employment is entitled to receive the proportionate amount of the member’s monthly benefit for the month in which the cessation occurred.
(c) Annually the board may require a member to execute an affidavit stating the member’s eligibility for a retirement benefit.
[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-8.]
As added by P.L.2-2006, SEC.28.