Sec. 6. If an employee beneficiary is retired for old age, the employee beneficiary is entitled to receive a lifelong monthly income as specified in section 7 of this chapter. However, to be entitled to the full amount of the basic pension amount, an employee beneficiary must have completed at least twenty (20) years of service to the department before retirement. Otherwise, the employee beneficiary is entitled to receive a proportionate pension based on the employee beneficiary's years of service to the department.
[Pre-2003 Recodification Citation: 10-1-2.2-6.]
As added by P.L.2-2003, SEC.3.
Structure Indiana Code
Article 12. State Police Pensions and Benefits
Chapter 3. The State Police Pre-1987 Benefit System
10-12-3-1. Application of Chapter
10-12-3-2. Limitations on Pension Trust
10-12-3-4. Deductions From Wages
10-12-3-5. Right to Net Amount Paid Into Fund From Wages
10-12-3-6. Old Age Retirements; Right to Monthly Income; Minimum Service for Full Amount