Sec. 1. (a) In addition to any other benefit received from the fund, a person who, on July 1, 1967:
(1) received a retirement benefit from the fund; and
(2) did not receive a benefit under the federal Social Security Act;
shall receive thirty-five dollars ($35) per month.
(b) There is annually appropriated to the fund from money not otherwise appropriated in the state general fund an amount sufficient to pay the benefit described in subsection (a).
[Pre-2006 Education Finance Recodification Citation: 21-6.1-6-1.]
As added by P.L.2-2006, SEC.28.
Structure Indiana Code
Title 5. State and Local Administration
Article 10.4. State Teachers' Retirement Fund
Chapter 6. Restricted Benefits
5-10.4-6-1. Members Retired on July 1, 1967; Additional Monthly Benefit
5-10.4-6-2. Members Retired Under Law Enacted Before January 1, 1949; Increased Benefit
5-10.4-6-3. Members Retired Under Law Enacted Before January 1, 1951; Increased Benefit
5-10.4-6-4. Minimum Pension Benefit After July 1, 2017; Appropriation
5-10.4-6-5. Supplemental Minimum Benefit; Minimum Pension Benefit After July 1, 2017; Appropriation
5-10.4-6-6. Postretirement Increase Payable After June 30, 1978
5-10.4-6-7. Restriction on Charging Postretirement Increase to Annuity Reserve
5-10.4-6-8. Postretirement Increase Payable After December 31, 2002
5-10.4-6-9. Postretirement Increase Payable After December 31, 2003
5-10.4-6-10. Postretirement Increase Payable After December 31, 2004