Ind. Code § 5-10.2-5-31
Pension increases payable after June 30, 2001
Indiana · Indiana Code Title 5 — State and Local Administration · Status: effective
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- Ind. Code § 5-10.2-5-31, Pension increases payable after June 30, 2001, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1607484
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Full text
Sec. 31.
(a) The pension portion (plus postretirement increases to the pension portion) provided by employer contributions of the monthly benefit payable after June 30, 2001, to a member of the public employees' retirement fund or the Indiana state teachers' retirement fund (or to a survivor or beneficiary of a member of the public employees' retirement fund or the Indiana state teachers' retirement fund) who retired or was disabled before July 2, 1999, shall be increased by one percent (1%).
(b) The increases specified in this section:
(1) are based upon 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.