Ind. Code § 5-10.2-4-1.4
Direct deposit benefit notice
Indiana · Indiana Code Title 5 — State and Local Administration · Status: effective
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- Citation
- Ind. Code § 5-10.2-4-1.4, Direct deposit benefit notice, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1607433
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Full text
Sec. 1.4.
(a) This section applies to a member or a beneficiary of the fund who receives a monthly benefit by direct deposit.
(b) The fund shall furnish to the member or beneficiary:
(1) before each change in the amount of the member's or beneficiary's benefit; or
(2) once every twelve (12) months, if the member's or beneficiary's benefit amount does not change;
a written notice showing the member's or beneficiary's benefit amount, including any cost of living increase or other adjustment to the benefit amount, and a summary of the member's or beneficiary's benefit payment history since the member's or beneficiary's last written notice.