{"data":{"id":"us-in/ic-5-10.2-5-33","jurisdiction":"us-in","citation":"IC 5-10.2-5-33","heading":"Public employees' retirement fund; pension increases payable after December 31, 2003","body":"Sec. 33. (a) The pension portion (plus postretirement increases to the pension portion) provided by employer contributions of the monthly benefit payable after December 31, 2003, to a member of the public employees' retirement fund (or to a survivor or beneficiary of a member of the public employees' retirement fund) who retired or was disabled before January 1, 2003, shall be increased by two percent (2%).\n(b) The monthly amount of the increase described in subsection (a) payable to a member of the public employees' retirement fund (or to a survivor or beneficiary of a member of the public employees' retirement fund) may not be less than five dollars ($5).\n(c) The increases specified in this section:\n(1) are based upon the date of the member's latest 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#5-10.2-5-33","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"53abd805e98da3f9e09c45088ce7eae3f374a880df80bb0a4dd9e00d892595c9","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-5-32","next":"us-in/ic-5-10.2-5-34"},"notice":"GroundRules: Original legal text. Not legal advice."}