Ind. Code § 5-10.4-6-7

Current through P.L. 171-2024

Section 5-10.4-6-7 - Restriction on charging postretirement increase to annuity reserve

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).

IC 5-10.4-6-7

Pre-2006 Education Finance Recodification Citation: 5-10.2-5-18.

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