Indiana § 36-8-6-21 - Rollover to eligible retirement plan

§ 36-8-6-21. Rollover to eligible retirement plan

Sec. 21. Notwithstanding any other provision of this chapter, to the extent required by Internal Revenue Code Section 401(a)(31), as added by the Unemployment Compensation Amendments of 1992 (P.L.102-318), and any amendments and regulations related to Section 401(a)(31), the 1925 fund shall allow participants and qualified beneficiaries to elect a direct rollover of eligible distributions to another eligible retirement plan.

As added by P.L.10-1993, SEC.15.

IC 36-8-7Chapter 7. 1937 Firefighters' Pension Fund

36-8-7-0.1Application of certain amendments to chapter 36-8-7-1Application of chapter 36-8-7-2"Fire company" defined 36-8-7-2.5Qualification of 1937 fund under Internal Revenue Code; benefit limitations 36-8-7-2.7"Americans with Disabilities Act" 36-8-7-2.9Administration of fund 36-8-7-3Creation of fund; management by board of trustees; powers and duties 36-8-7-4Fire departments with fewer than five members; trustees; elections 36-8-7-5Trustees; election of active members 36-8-7-6Trustees; election of retired members 36-8-7-6.5Securing ballots; tampering with ballots 36-8-7-7Trustees; officers; local board secretary bond; rules; application for relief or pensions 36-8-7-8Derivation of money in fund 36-8-7-9Use of funds 36-8-7-9.5Use of certain amounts in 1937 fund 36-8-7-10Investment of funds 36-8-7-11Members retiring due to disability or inability to perform essential functions of job; monthly benefit 36-8-7-12Repealed 36-8-7-12.1Members retiring with 20 years service 36-8-7-12.2Members dying other than in line of duty 36-8-7-12.3Members dying in line of duty before September 1, 1982 36-8-7-12.4Members dying in line of duty after August 31, 1982 36-8-7-12.5Determination whether disability in line of duty 36-8-7-12.7Reemployment after retirement 36-8-7-13Lump sum death benefit 36-8-7-14Annual statement of receipts and disbursements; payment of excess expenditures by unit; appropriations 36-8-7-15Insufficient funds for appropriations; loans; tax levy to repay loans 36-8-7-16Disability retirees; physical examinations; reactivation; hearing; period of disability credited; transcripts, reports, records, and other materials 36-8-7-17Eligibility for employment; physical examinations; age requirements 36-8-7-18Membership of persons employed on March 2, 1937, in pension fund 36-8-7-19Repealed 36-8-7-20Deposit of funds 36-8-7-21Payments; procedure 36-8-7-22Exemption of fund from judicial process; authorized expenditures; reimbursement of employers; withholding payments 36-8-7-23Fiscal officer as custodian of fund; liability; accounts 36-8-7-24Temporary loans; authorization and procedure 36-8-7-25Items excluded when computing benefits; liability for overpayment 36-8-7-26Special lump sum death benefit in addition to other benefits 36-8-7-27Rollover to eligible retirement plan