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Ind. Code § 5-10.4-6-6

Postretirement increase payable after June 30, 1978

Indiana · Indiana Code Title 5 — State and Local Administration · Status: effective

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Ind. Code § 5-10.4-6-6, Postretirement increase payable after June 30, 1978, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1607925
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Sec. 6. (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.