# Ind. Code § 10-12-2-4: Mortality reserve account

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-4

## Section

- **Citation:** Ind. Code § 10-12-2-4
- **Heading:** Mortality reserve account
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 10 / Article 12 / Chapter 2 / Section 10-12-2-4

## Text

Sec. 4. The department may establish, operate, and make necessary contributions to a mortality reserve account for the payment of supplementary death benefits to deceased employee beneficiaries. However, a supplementary death benefit may not exceed twenty thousand dollars ($20,000). The department may not use a deceased employee beneficiary's retirement date with the department as a factor in determining the amount of the deceased employee beneficiary's supplementary death benefit.

[Pre-2003 Recodification Citation: 10-1-2-3.]

As added by P.L.2-2003, SEC.3. Amended by P.L.61-2013, SEC.1; P.L.86-2019, SEC.1.

## Nearby sections

- [Ind. Code § 10-12-2-0.2 P.L.146-1987 intended to be codification and restatement of law; no effect on substantive operation of prior law](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-0.2.md)
- [Ind. Code § 10-12-2-1 Retention of service weapon; badge; identification card](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-1.md)
- [Ind. Code § 10-12-2-2 Pension trust; commingling funds; investment of funds; report; termination](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-2.md)
- [Ind. Code § 10-12-2-3 Qualification of trust under Internal Revenue Code; benefit limitations](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-3.md)
- [Ind. Code § 10-12-2-4 Mortality reserve account](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-4.md)
- [Ind. Code § 10-12-2-5 Disability reserve account; additional department authority; disability pension payments](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-5.md)
- [Ind. Code § 10-12-2-6 Dependent's pension reserve account](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-6.md)
- [Ind. Code § 10-12-2-7 Police benefit fund; duties of trustee; appropriations](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-7.md)
- [Ind. Code § 10-12-2-8 Actuarial soundness of pension trust; inspection of books and accounts](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-8.md)
- [Ind. Code § 10-12-2-9 Transfer of funds to police benefit fund; rewards and fees](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-9.md)
- [Ind. Code § 10-12-2-10 Encumbering shares of benefits before payment; reimbursement of employers; withholding payments while charges of criminal taking from employer pending](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-10.md)
- [Ind. Code § 10-12-2-11 Educational costs exemption](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-11.md)
- [Ind. Code § 10-12-2-12 Report on stress test or risk assessment](https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-12.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T10_A12_C2_S10-12-2-4. Check the current official text before relying on it. Not legal advice.