Indiana Code Title 5. State and Local Administration § 5-10.2-3-6

Sec. 6. (a) After a member is suspended under section 5 of this chapter, the member is entitled to withdraw in a lump sum all or part of the amount of the member's contributions plus interest credited to the member.

(b) Except as provided in subsection (d), the suspended member's money is to remain in the stable value fund or the alternative investment program as the money was allocated on the day the member was suspended until:

Any earnings or losses on the money shall be credited to the member in the same manner as if the member's membership was not suspended.

(c) The board may charge a reasonable annual administrative fee against the money held in the annuity savings account of a suspended member.

(d) If:

the board may pay the member's annuity savings account only in a lump sum.