{"data":{"id":"us-in/ic-5-10.3-12-33","jurisdiction":"us-in","citation":"IC 5-10.3-12-33","heading":"Second chance election","body":"Sec. 33. (a) This section applies notwithstanding sections 20, 20.3, 20.5, and 31 of this chapter.\n(b) An employer that participates in the fund may allow a member who is fully vested in the employer contribution subaccount under section 25(b) of this chapter to make an election to participate in the fund.\n(c) The following apply to an election made under subsection (b):\n(1) The election must be made:\n(A) within a time; and\n(B) in a form and manner;\napproved by the board.\n(2) An employee who makes an election becomes a member of the fund on the date described in IC 5-10.3-7-1(h).\n(3) The election is irrevocable.\n(d) A member who does not make an election under subsection (b) remains a member of the plan. The failure to make an election under subsection (b) is irrevocable.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 10.3. THE PUBLIC EMPLOYEES' RETIREMENT FUND","Chapter 12. Public Employees' Defined Contribution Plan"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-10.3-12-33","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"c8c3e4ba9bdc88ef01a712e9fe0324e58c3ba2a52508d21ce0ff75f39b0479c0","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.3-12-32","next":"us-in/ic-5-10.4-1-0.3"},"notice":"GroundRules: Original legal text. Not legal advice."}