{"data":{"id":"us-in/ic-5-10.2-5-38","jurisdiction":"us-in","citation":"IC 5-10.2-5-38","heading":"Public employees' retirement fund; benefit increase payable after December 31, 2005","body":"Sec. 38. (a) The pension portion (plus postretirement increases to the pension portion) provided by employer contributions of the monthly benefit payable after December 31, 2005, 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:\n(1) before July 2, 1990, shall be increased by two percent (2%); and\n(2) after July 1, 1990, and before January 1, 2005, shall be increased by one and one-half percent (1.5%).\n(b) The increases specified in this section:\n(1) are based on 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#5-10.2-5-38","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"84fcb95c29e7f36ec67c6e31d8ce17a328770ebba3c5ade863a0a526d2852df5","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-5-37","next":"us-in/ic-5-10.2-5-39"},"notice":"GroundRules: Original legal text. Not legal advice."}