Indiana Statutes
§ 5-10.2-5-8 — Postretirement increase payable on and after July 1, 1980
Indiana § 5-10.2-5-8
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 10.2PUBLIC RETIREMENT AND DISABILITY
Ch. 5Restricted Benefits
This text of Indiana § 5-10.2-5-8 (Postretirement increase payable on and after July 1, 1980) 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 § 5-10.2-5-8 (2026).
Text
Postretirement Increase. The monthly benefit payable on and after July 1, 1980, to a member, or a survivor or beneficiary of a member, who retired or was disabled:
(1)before July 2, 1963, shall be increased by nine percent (9%);
(2)after July 1, 1963, and before July 2, 1968, shall be increased
by six percent (6%); and
(3)after July 1, 1968, and before July 2, 1973, 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 1980, P.L.29, SEC.1.
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Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" definedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 5-10.2-5-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-10.2-5-8.