Ind. Admin. Code tit. 35, r. 1.2-3-2
Authority: IC 5-10.5-4-2
Affected: IC 5-10.2-3-5; IC 5-10.2-3-6; IC 5-10.2-3-6.5; IC 5-10.3-7-6
Sec. 2. (a) Except as provided in IC 5-10.2-3-6.5, a member's suspension, after termination of employment and withdrawal of contributions or by operation of IC 5-10.2-3-5, shall be canceled and the individual's prior service shall qualify as creditable service if the individual is reemployed in a PERF or TRF covered position. Time spent on an employer approved leave of absence granted under the Family Medical Leave Act (FMLA) or pursuant to IC 5-10.3-7-6 taken during the reemployment period shall be used in determining whether the employee met the requirements of this section provided that the member returned to covered employment immediately after termination of such leave.
(b) After a member is suspended under IC 5-10.2-3-6, the member's defined contribution account remains invested as previously directed by the member.
(c) Distributions of less than one thousand dollars ($1,000) made pursuant to IC 5-10.2-3-6(d) shall be mailed to the address on file with INPRS. INPRS shall make reasonable efforts to obtain valid addresses. If no valid address is available, the money remains invested as the member directed until it is claimed or the plan is otherwise required to make a distribution.
(d) Prior to a distribution, INPRS shall provide the member with all required notices and the reason for the distribution.
(Board of Trustees of the Indiana Public Retirement System; 35 IAC 1.2-3-2; filed Dec 20, 1988, 1:00 p.m.: 12 IR 1079; readopted filed Oct 31, 2001, 2:18 p.m.: 25 IR 897; adopted Nov 9, 2007: 20071205-IR-035070818ONA; adopted Nov 21, 2008: 20090107-IR-035080955ONA; adopted Feb 19, 2010: 20100310-IR-035100124ONA; adopted Apr 26, 2013: 20130508-IR-035130167ONA; adopted Jun 20, 2014: 20140820-IR-035140335ONA; adopted Jun 23, 2017: 20170705-IR-035170307ONA; adopted Sep 14, 2018: 20180919-IR-035180399ONA)