Indiana § 5-10.2-5-10 1981 postretirement increase

Indiana Statutes

§ 5-10.2-5-10 — 1981 postretirement increase

Indiana § 5-10.2-5-10

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.2PUBLIC RETIREMENT AND DISABILITY

Ch. 5Restricted Benefits

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Bluebook

Ind. Code § 5-10.2-5-10 (2026).

Text

Postretirement Increase. The monthly
benefit payable on and after July 1, 1981, to a member, or a survivor or
beneficiary of a member, who retired or was disabled before July 2,
1968, shall be increased by three percent (3%). The increase specified
in this section shall be based upon the date of the member's initial
retirement or disability. This section does not apply to benefits payable
in a lump sum. The increases provided by this section are in addition
to any other increase provided by law.
As added by Acts 1981, P.L.49, SEC.2.

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Postretirement Increase. The monthly
benefit payable on and after July 1, 1981, to a member, or a survivor or
beneficiary of a member, who retired or was disabled before July 2,
1968, shall be increased by three percent (3%). The increase specified
in this section shall be based upon the date of the member's initial
retirement or disability. This section does not apply to benefits payable
in a lump sum. The increases provided by this section are in addition
to any other increase provided by law.
As added by Acts 1981, P.L.49, SEC.2.