Yes. You may choose to have your monthly pension benefit paid to a “revocable trust.” A revocable trust is one that gives you the right to access trust funds at any time without any condition.
By law, we must have a copy of what is called the “trust instrument.” Or, we need a sworn affidavit identifying the trust.
Please be sure to notify INPRS if things change with your trust. This could be terms, conditions, or to whom you want the trust to be paid. You will need to give us a copy of the new, amended trust instrument.