{"data":{"id":"us-in/ic-5-10.2-5-41","jurisdiction":"us-in","citation":"IC 5-10.2-5-41","heading":"Teachers' retirement fund; benefit increase payable after December 31, 2006","body":"Sec. 41. (a) The pension portion (plus postretirement increases to the pension portion) provided by employer contributions of the monthly benefit payable after December 31, 2006, to a member of the Indiana state teachers' retirement fund (or to a survivor or beneficiary of a member of the Indiana state teachers' retirement fund) who retired or was disabled:\n(1) before July 2, 1991, shall be increased by two percent (2%); and\n(2) after July 1, 1991, and before July 2, 2004, shall be increased by one percent (1%).\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#5-10.2-5-41","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"dee5932a99945c493d8471cbfb7136f9345ff21d72b1ec80c5729b4b27fd15d2","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-5-40","next":"us-in/ic-5-10.2-5-42"},"notice":"GroundRules: Original legal text. Not legal advice."}