Indiana § 10-12-3-5 - Right to net amount paid into fund from wages
Full text of Indiana Indiana Code § 10-12-3-5 — Right to net amount paid into fund from wages, with citation guidance and answers to common questions.
§ 10-12-3-5. Right to net amount paid into fund from wages
Sec. 5. If an employee beneficiary ceases to be an eligible employee for any reason, including death, disability, unemployment, or retirement:
(1) the employee beneficiary;
(2) the employee beneficiary's beneficiary; or
(3) the employee beneficiary's estate;
is entitled to receive at least the net amount paid into the trust fund from the wages of the employee beneficiary, either in a lump sum or in monthly installments not less than the basic pension amount.
[Pre-2003 Recodification Citation: 10-1-2.2-5.]
As added by P.L.2-2003, SEC.3.
Frequently Asked Questions About Indiana § 10-12-3-5
What does Indiana Code § 10-12-3-5 cover?
Section 10-12-3-5 ("Right to net amount paid into fund from wages") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 10-12-3-5?
A common citation format is "Indiana Code § 10-12-3-5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 10-12-3-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.