Indiana Statutes
§ 5-10.4-5-2 — Calculation of disability benefit
Indiana § 5-10.4-5-2
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 10.4STATE TEACHERS' RETIREMENT FUND
Ch. 5Benefits
This text of Indiana § 5-10.4-5-2 (Calculation of disability benefit) 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 § 5-10.4-5-2 (2026).
Text
(a)The monthly classroom disability benefit
paid under section 1 of this chapter is determined in STEP THREE of
the following formula:
STEP ONE: Subtract five (5) from the total years of service credit
earned by the member before the date of the member's disability.
STEP TWO: Multiply the remainder determined under STEP
ONE by five dollars ($5).
STEP THREE: Add the STEP TWO result and one hundred
twenty-five dollars ($125).
(b)A classroom disability benefit payment is charged against the
retirement allowance account.
(c)Classroom disability benefits may not begin until ordered by the
board after the member undergoes a medical examination by a
physician selected by the board. If the medical examination conducted
by a physician selected and paid by the board establishes to the board's
sat
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Legislative History
As added by P.L.2-2006, SEC.28.
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Repealed§ 5-1-10-1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 § 5-10.4-5-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-10.4-5-2.