Authority: IC 5-10.4-8-4; IC 5-10.5-4-2

Affected: IC 5-10.4-8-11; IC 5-10.4-8-16

Sec. 3. (a) A participant who becomes disabled while in service in a covered position and who presents proof of the participant's qualification for Social Security benefits to the INPRS board is entitled to withdraw the vested portion of the participant's account as described in IC 5-10.4-8-11 and section 1 of this rule, provided that a monthly annuity shall be available as a distribution option regardless of whether the participant has attained normal retirement age, if the minimum monthly annuity amount rule under section 1(b) of this rule is satisfied.

(b) Nonvested amounts at the time of the initial disability distribution are not forfeited under IC 5-10.4-8-11(e) at the time of the disability distribution.

(Board of Trustees of the Indiana Public Retirement System; 35 IAC 14.1-6-3; adopted May 3, 2019: 20190515-IR-035190262ONA)