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Ind. Code § 5-10.4-6-7

Restriction on charging postretirement increase to annuity reserve

As added by P.L.2-2006, SEC.28.

Sec. 7. The costs of postretirement increases for the following persons may not be charged against the retired teacher annuity reserve:

(1) A member of the fund who has received a lump sum payment under IC 5-10.2-4-2.

(2) Survivors and beneficiaries of a member described in subdivision (1).

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.