Indiana Code
Chapter 5.5. State Excise Police, Gaming Agent, Gaming Control Officer, and Conservation Enforcement Officers' Retirement Plan
5-10-5.5-21. Increase in Monthly Benefits

Sec. 21. (a) Except as provided in subsection (d), the monthly benefit payable after June 30, 1987, to a participant, or a survivor or beneficiary of a participant, who retired or was disabled before July 2, 1986, shall be increased by an amount determined by the board. The board shall determine the amount for each participant, survivor, and beneficiary so that the monthly benefit is increased by one-half (1/2) the amount that the monthly benefit would have been increased if the participant had been a member of the public employees' retirement fund on the date of retirement or disability.
(b) Except as provided in subsection (d), the monthly benefit payable after June 30, 1988, to a participant, or a survivor or beneficiary of a participant, who retired or was disabled before July 2, 1987, shall be increased by an amount determined by the board. The board shall determine the amount for each participant, survivor, and beneficiary so that the monthly benefit is increased to the amount that the monthly benefit would have equaled if the participant had been a member of the public employees' retirement fund on the date of retirement or disability.
(c) Except as provided in subsection (d), the monthly benefit payable after June 30, 1989, to participants, survivors, and beneficiaries shall be increased by the same percentages and under the same conditions as monthly benefits are increased under IC 5-10.2-5 for members of the public employees' retirement fund and their survivors and beneficiaries.
(d) This section is applicable only if the general assembly provides sufficient funding for the increased cost of the benefits provided by this section.
As added by P.L.56-1987, SEC.6. Amended by P.L.4-1990, SEC.4.

Structure Indiana Code

Indiana Code

Title 5. State and Local Administration

Article 10. Public Employee Benefits

Chapter 5.5. State Excise Police, Gaming Agent, Gaming Control Officer, and Conservation Enforcement Officers' Retirement Plan

5-10-5.5-0.1. Application of Certain Amendments; Payment Options for a Survivor of a Participant Who Dies in the Line of Duty Between January 31, 2018, and April 1, 2020

5-10-5.5-1. Definitions

5-10-5.5-2. Creation; Investment of Plan Assets

5-10-5.5-2.5. Qualification of Plan Under Internal Revenue Code

5-10-5.5-3. Management; Confidentiality of Retirement Plan Records

5-10-5.5-3.5. Administration of Retirement Plan Consistent With Americans With Disabilities Act

5-10-5.5-4. Participants' Saving Fund; Creation

5-10-5.5-5. Participants; Eligibility

5-10-5.5-6. Transfer of Funds to Savings Fund

5-10-5.5-7. Transfer of Creditable Service; Credit During Disability

5-10-5.5-7.5. Purchase of Service Credit Earned in Certain Indiana Public Retirement Funds

5-10-5.5-8. Contributions; Rate; Payroll Deductions; Employer Pick-Up of Contributions

5-10-5.5-8.5. Submission of Contributions, Reports, and Records Electronically

5-10-5.5-9. Retirement Provisions

5-10-5.5-10. Retirement Allowance

5-10-5.5-11. Early Retirement

5-10-5.5-12. Early Retirement Allowance; Monthly Installments

5-10-5.5-12.5. Repealed

5-10-5.5-12.7. Determinations by Board of Trustees; Impairment Standards; Transcripts, Reports, Records, and Other Materials

5-10-5.5-13. Permanent or Temporary Disability

5-10-5.5-13.5. Disability Occurring After June 30, 1987; Presumption for Line of Duty Disability; Monthly Benefits

5-10-5.5-14. Disability Occurring Before July 1, 1987; Allowance; Monthly Installments; Cessation

5-10-5.5-15. Surviving Mothers, Fathers, Spouses, or Unmarried Children; Eligibility for Benefits

5-10-5.5-16. Survivors' Benefits; Death Before February 1, 2018; Amount

5-10-5.5-16.3. Survivors' Benefits; Other Than Line of Duty Death After January 31, 2018; Amount

5-10-5.5-16.6. Survivors' Benefits; Line of Duty Death After January 31, 2018; Amount

5-10-5.5-17. Lump Sum Refund of Contributions or Payments

5-10-5.5-18. Termination of Service Before Accumulating 15 Years of Creditable Service

5-10-5.5-19. Public Employees Retirement Fund Law; Applicability

5-10-5.5-20. Old Age and Survivors Benefits; Supplemental Retirement Benefits; Rights and Liabilities Not Affected

5-10-5.5-21. Increase in Monthly Benefits

5-10-5.5-22. Deferred Retirement Option Plan

5-10-5.5-23. Voluntary Benefit Deductions