Indiana Statutes

§ 33-39-7-14 — Interest credits

Indiana § 33-39-7-14
JurisdictionIndiana
Art. 39PROSECUTING ATTORNEYS
Ch. 7Retirement Fund

This text of Indiana § 33-39-7-14 (Interest credits) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 33-39-7-14 (2026).

Text

(a)Interest shall be credited at least annually on or before June 30 at a rate specified by rule by the board on all amounts credited to the member as of June 30 of the preceding year.
(b)Contributions begin to accumulate interest at the beginning of the fiscal year after the year in which the contributions are due.
(c)When a member retires or withdraws, a proportional interest credit determined under this chapter shall be paid for the period elapsed since the last date on which interest was credited. [Pre-2004 Recodification Citation: 33-14-9-12.5.]

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Legislative History

As added by P.L.98-2004, SEC.18. Amended by P.L.16-2011, SEC.10; P.L.92-2021, SEC.14.

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Bluebook (online)
Indiana § 33-39-7-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/33-39-7-14.