{"data":{"id":"us-in/ic-5-10.2-5-8","jurisdiction":"us-in","citation":"IC 5-10.2-5-8","heading":"Postretirement increase payable on and after July 1, 1980","body":"Sec. 8. Postretirement Increase. The monthly benefit payable on and after July 1, 1980, to a member, or a survivor or beneficiary of a member, who retired or was disabled:\n(1) before July 2, 1963, shall be increased by nine percent (9%);\n(2) after July 1, 1963, and before July 2, 1968, shall be increased by six percent (6%); and\n(3) after July 1, 1968, and before July 2, 1973, shall be increased by three percent (3%).\nThe increase specified in this section shall be based upon the date of the member's initial retirement or disability. This section does not apply to benefits payable in a lump sum. The increases provided by this section 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#5-10.2-5-8","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"4335ed8143907e7fcab196a7145fbd8b4c3b3b1836940bd7c67b6641744ad0c3","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.2-5-7","next":"us-in/ic-5-10.2-5-9"},"notice":"GroundRules: Original legal text. Not legal advice."}