Section 2-3.5-4-2 - Members 65 and older; monthly retirement benefit; conditionsA participant who is at least sixty-five (65) years of age is entitled for the remainder of the participant's life to a monthly retirement benefit computed under section 3 of this chapter, beginning on the date specified by the participant in a written application, if all of the following conditions are met on the date on which the benefit begins:
(1) The participant's service as a member of the general assembly is terminated.(2) The participant: (A) has at least ten (10) years of service as a member of the general assembly; or(B) meets the requirements for disability benefits under section 5 of this chapter.(3) The participant is not receiving and is not entitled to receive a salary from the state.(4) The participant is not receiving and has not previously received a reduced monthly retirement benefit under section 4 of this chapter.As added by P.L. 6-1989, SEC.1. Amended by P.L. 13-2001, SEC.1.