{"data":{"id":"us-in/ic-5-10.5-4-5","jurisdiction":"us-in","citation":"IC 5-10.5-4-5","heading":"Postretirement benefit changes; requirement","body":"Sec. 5. (a) This section applies to the following public pension or retirement funds:\n(1) The public employees' retirement fund established under IC 5-10.2 and IC 5-10.3.\n(2) The Indiana state teachers' retirement fund established under IC 5-10.2 and IC 5-10.4.\n(3) The state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement fund established under IC 5-10-5.5.\n(4) The defined benefit plan of the legislators' retirement system established under IC 2-3.5-4.\n(b) The board may not pay a postretirement benefit change or adjustment, including a postretirement benefit increase, thirteenth check, or other benefit change or adjustment granted by the general assembly after June 30, 2018, to members of a public pension or retirement fund listed in subsection (a), unless the change or adjustment is actuarially pre-funded.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 10.5. INDIANA PUBLIC PENSION MODERNIZATION ACT","Chapter 4. Board Powers and Duties"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-10.5-4-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"e0a73004ee6b004d6e91e37db2ca6089e4871d7080ff66bcc842fc95e9bd9cc9","source_id":"us-in","stale":false,"prev":"us-in/ic-5-10.5-4-4","next":"us-in/ic-5-10.5-4-6"},"notice":"GroundRules: Original legal text. Not legal advice."}