Indiana § 5-10.2-5-42.4 Public employees' retirement fund; increase payable after December
31, 2007

Indiana Statutes

§ 5-10.2-5-42.4 — Public employees' retirement fund; increase payable after December 31, 2007

Indiana § 5-10.2-5-42.4

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.2PUBLIC RETIREMENT AND DISABILITY

Ch. 5Restricted Benefits

This text of Indiana § 5-10.2-5-42.4 (Public employees' retirement fund; increase payable after December 31, 2007) 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 § 5-10.2-5-42.4 (2026).

Text

4.

(a)The pension portion (plus postretirement increases to the pension portion) provided by employer contributions of the monthly benefit payable after December 31, 2007, to a member of the public employees' retirement fund (or to a survivor or beneficiary of a member of the public employees' retirement fund) who retired or was disabled before January 1, 2007, shall be increased by two percent (2%).

(b)The increases specified in this section:

(1)are based on the date of the member's latest retirement or disability;

(2)do not apply to benefits payable in a lump sum; and

(3)are in addition to any other increase provided by law.

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4. (a) The pension portion (plus
postretirement increases to the pension portion) provided by employer
contributions of the monthly benefit payable after December 31, 2007,
to a member of the public employees' retirement fund (or to a survivor
or beneficiary of a member of the public employees' retirement fund)
who retired or was disabled before January 1, 2007, shall be increased
by two percent (2%).
(b) The increases specified in this section:
(1) are based on the date of the member's latest retirement or
disability;
(2) do not apply to benefits payable in a lump sum; and
(3) are in addition to any other increase provided by law.