Indiana § 5-10.4-6-6 Postretirement increase payable after June 30, 1978

Indiana Statutes

§ 5-10.4-6-6 — Postretirement increase payable after June 30, 1978

Indiana § 5-10.4-6-6

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.4STATE TEACHERS' RETIREMENT FUND

Ch. 6Restricted Benefits

This text of Indiana § 5-10.4-6-6 (Postretirement increase payable after June 30, 1978) 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 § 5-10.4-6-6 (2026).

Text

(a)In addition to the increase provided in IC 5-10.2-5-6, the monthly benefit payable after June 30, 1978, to a member, or a survivor or beneficiary of a member who retired or was disabled:

(1)before July 2, 1962, is increased by three percent (3%);

(2)after July 1, 1962, and before July 2, 1967, is increased by two percent (2%); and

(3)after July 1, 1967, and before July 2, 1972, is increased by one percent (1%).

(b)This section does not apply to benefits payable in a lump sum. [Pre-2006 Education Finance Recodification Citation: 21-6.1-6-6.]

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(a) In addition to the increase provided in IC 5-10.2-5-6, the monthly benefit payable after June 30, 1978, to a
member, or a survivor or beneficiary of a member who retired or was
disabled:
(1) before July 2, 1962, is increased by three percent (3%);
(2) after July 1, 1962, and before July 2, 1967, is increased by two
percent (2%); and
(3) after July 1, 1967, and before July 2, 1972, is increased by one
percent (1%).
(b) This section does not apply to benefits payable in a lump sum.
[Pre-2006 Education Finance Recodification Citation:
21-6.1-6-6.]