{"data":{"id":"us-in/ic-5-10.2-5-12","jurisdiction":"us-in","citation":"IC 5-10.2-5-12","heading":"1983 postretirement increases","body":"Sec. 12. (a) The monthly benefit payable after June 30, 1983, to a member, or a survivor or beneficiary of a member, who retired or was disabled:\n(1) before July 2, 1965, shall be increased by three percent (3%);\n(2) after July 1, 1965, and before July 2, 1970, shall be increased by two percent (2%); and\n(3) after July 1, 1970, and before July 2, 1975, shall be increased by one percent (1%).\n(b) In addition to the increase specified in subsection (a), the monthly benefit payable after June 30, 1983, to a member, or a survivor or beneficiary of a member, who retired or was disabled before July 2, 1982, shall be increased by three percent (3%).\n(c) The increases specified in this section:\n(1) shall be based upon the date of the member's initial retirement or disability;\n(2) do not apply to benefits payable in a lump sum; and\n(3) are in addition to any other increase provided by law.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 10.2. PUBLIC RETIREMENT AND DISABILITY BENEFITS","Chapter 5. Restricted Benefits"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-10.2-5-12","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"90458cae0dbfb6369614902ab7cbdb425c5191aa83264ad73b0192c444068065","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-5-11","next":"us-in/ic-5-10.2-5-13"},"notice":"GroundRules: Original legal text. Not legal advice."}