Sec. 2. In computing the pension for a member of the general assembly, the average of the annual compensation is the highest compensation which the member received in any one (1) year while engaged in a position covered by the fund in state service, as a teacher, and in service with a political subdivision.
As added by Acts 1977, P.L.53, SEC.3. Amended by P.L.381-1987(ss), SEC.4.
Structure Indiana Code
Title 5. State and Local Administration
Article 10.3. The Public Employees' Retirement Fund
5-10.3-8-0.1. Application of Certain Amendments to Chapter
5-10.3-8-1. Conditions and Computation
5-10.3-8-2. State Legislators; Average of Annual Compensation; Computation
5-10.3-8-3. Retirement Benefit Options
5-10.3-8-4. Disability Retirement; Conditions; Computation
5-10.3-8-7. Re-Employment of Retired Members
5-10.3-8-8. Payment of Retirement Benefit
5-10.3-8-10. Assignment of Benefits
5-10.3-8-12. Stopping Member's Benefit Payments; Grounds; Limitations
5-10.3-8-13. Public Employees' Retirement Fund Benefits; Cost of Living Increase
5-10.3-8-14. Retirement Medical Benefits Account
5-10.3-8-15. Allocation of Benefits; Distribution of Death Benefit