{"data":{"id":"us-in/ic-5-10.2-5-4","jurisdiction":"us-in","citation":"IC 5-10.2-5-4","heading":"Cost of living increases","body":"Sec. 4. Cost of Living Increases. As a cost of living increase, the retirement, disability, and survivor benefit payable on and after July 1, 1976, to a member, or beneficiary or survivor of a member, who retired before July 2, 1975, shall be increased by three percent (3%). However, the benefit may not be increased by an amount less than seven dollars ($7.00) per month nor more than fifteen dollars ($15.00) per month. This section does not apply to benefits payable in a lump sum.","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#5-10.2-5-4","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"a4dabed996ac2be3006744654366cc1fd62d1c3c4e0353b58168da933901ef8d","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-5-3","next":"us-in/ic-5-10.2-5-5"},"notice":"GroundRules: Original legal text. Not legal advice."}