Bill Title: Payment of monthly pension benefits. Provides that members and beneficiaries of any public pension fund administered by the Indiana public retirement system may receive monthly benefits only by direct deposit or another method approved by the board of trustees of the Indiana public retirement system. Repeals a similar but more narrowly applicable section concerning methods of paying monthly benefits to members and beneficiaries of the public employees' retirement fund and the teachers' retirement fund.

Sponsorship: Slight Partisan Bill (Republican 4-2)

Status: (Passed) 2015-05-04 - Public Law 127 [HB1109 Detail]

Text: Latest bill text (Enrolled) [PDF]

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