Authority: IC 5-10.5-4-2

Affected: IC 5-10.2-2-14; IC 5-10.4-5-14

Sec. 2. Neither the member nor the member's authorized agent may instruct the fund to directly deposit benefit payments to a trust or a bank account that does not permit the member or the member's authorized agent access to the funds so held.

(Board of Trustees of the Indiana Public Retirement System; 35 IAC 14-2-2; filed Oct 5, 1992, 5:00 p.m.: 16 IR 704; readopted filed Dec 3, 2001, 11:02 a.m.: 25 IR 1731; adopted Mar 27, 2007: 20070404-IR-550070200ONA) NOTE: Transferred from the Board of Trustees of the Indiana State Teachers' Retirement Fund (550 IAC 2-2-2) to the Board of Trustees of the Indiana Public Retirement System (35 IAC 14-2- 2) by P.L.23-2011, SECTION 22, effective July 1, 2011.