reglab/housing_qa huggingface dataset:
IN Code § 5-10.4-5-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-6. Eligibility for Retirement Benefits

Sec. 6. A member is eligible for retirement benefits as specified in IC 5-10.2-4.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-7.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-5-7 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-7. Member-Legislators

Sec. 7. (a) As used in this section, "member-legislator" means a member who has at least:(1) twenty (20) years of service credit as a teacher; and(2) ten (10) years of service in the general assembly.(b) Notwithstanding IC 5-10.2-4-3 or IC 5-10.2-4-3.1, in computing the pension for a member-legislator, the average of the annual compensation is the sum of the salaries in any one (1) year for a member-legislator's:(1) position covered by the fund; and(2) service in the general assembly.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-7.5.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-5-8 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-8. Designation of Retirement Date

Sec. 8. (a) A member who:(1) has ceased employment in the public schools; and(2) is eligible for retirement benefits;shall designate a retirement date as described in IC 5-10.2-4-1.(b) A member who chooses to begin receiving retirement benefits at the time the member ceases employment is entitled to receive the proportionate amount of the member's monthly benefit for the month in which the cessation occurred.(c) Annually the board may require a member to execute an affidavit stating the member's eligibility for a retirement benefit.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-8.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-5-9 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-9. Schedule; Initial Pension Benefit

Sec. 9. (a) The fund shall make a member's first pension benefit payment not more than ninety (90) days after the date the member completes and files an application for retirement benefits.(b) After the first pension benefit payment and except as provided under IC 5-10.2-4-7(f), a person entitled to benefits shall receive a retirement benefit payment by the tenth day of each month.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-9.]As added by P.L.2-2006, SEC.28. Amended by P.L.115-2009, SEC.17.
IN Code § 5-10.4-5-10 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-10. Cancellation of Uncashed Benefit Check

Sec. 10. (a) If a benefit check issued by the fund is outstanding and unpaid for more than six (6) months after the date the check is issued, the benefit check is canceled.(b) A benefit check canceled under subsection (a) may not be honored, cashed, or accepted for payment or deposit by an individual, a bank, a trust company, a savings association, or any other financial institution or person.(c) The cancellation of a benefit check under this section does not discharge the fund's obligation to pay the benefit for which the canceled benefit check was issued.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-9.5.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-5-11 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-11. Payment Options

Sec. 11. A member may have the member's retirement benefits paid under the options specified in IC 5-10.2-4-7.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-13.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-5-12 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-12. Death Before Retirement; Payment of Benefits

Sec. 12. If a member dies before retirement, the member's benefits are paid as specified in IC 5-10.2-3-7.5, IC 5-10.2-3-7.6, and IC 5-10.2-3-8.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-14.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-5-13 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-13. Calculation of Benefit; Teaching After Initial Retirement

Sec. 13. IC 5-10.2-4-8 applies to the reemployment of a retired member.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-16.]As added by P.L.2-2006, SEC.28. Amended by P.L.72-2007, SEC.9; P.L.76-2008, SEC.6; P.L.115-2009, SEC.18.
IN Code § 5-10.4-5-14 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-14. Benefits Exempted From Legal Process; Reimbursement of Employers; Withholding of Payments While Charges of Criminal Taking From Employer Pending

Sec. 14. (a) The benefits payable from the fund are exempt from seizure or levy on attachment, supplemental process, and all other processes. However, the member's contributions or benefits, or both, may be transferred by the board to reimburse the member's employer for loss resulting from the member's criminal taking of the employer's property if the board receives adequate proof of the loss. The loss resulting from the member's criminal taking of the member's employer's property must be proven by an order for restitution in favor of the employer issued by the sentencing court following a felony or misdemeanor conviction.(b) The board may withhold payment of a member's contributions and interest if the employer of the member notifies the board that felony or misdemeanor charges accusing the member of the criminal taking of the employer's property have been filed.(c) The board may withhold payment of a member's contributions and interest under subsection (b) until the final resolution of the criminal charges.(d) Subsections (b) and (c) do not apply to the:(1) pension portion of the member's retirement benefit; or(2) disability retirement benefit of a member who becomes disabled.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-17.]As added by P.L.2-2006, SEC.28. Amended by P.L.15-2013, SEC.4; P.L.203-2019, SEC.2.
IN Code § 5-10.4-5-14.5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-14.5. Assignment of Benefits

Sec. 14.5. A member's transfer of a benefit payment is void. However, a member may assign benefits for paying:(1) premiums on a group, life, hospitalization, surgical, or medical insurance plan maintained in whole or in part by a state agency; and(2) dues to any association that proves to the board's satisfaction that the association has as members at least twenty percent (20%) of the number of retired members of the fund.As added by P.L.15-2013, SEC.5.
IN Code § 5-10.4-5-15 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-15. Termination of Benefits; Grounds; Limitations

Sec. 15. (a) The board may stop a member's benefit if the member does any of the following while receiving the benefit:(1) Fails to report for a required examination, unless excused by the board.(2) Disobeys the requirements of the board regarding the examination.(3) Refuses to repay an overpayment of benefits.(b) The board may stop a survivor's or beneficiary's benefit if the survivor or beneficiary refuses to repay an overpayment of benefits while receiving the benefit or overpayment of benefits made to the member.(c) The board also may stop a member's, survivor's, or beneficiary's benefit if the board has reasonable cause to believe that:(1) the member, survivor, or beneficiary has died; or(2) in the case of a member receiving disability benefits under IC 5-10.2-4-6 or classroom disability benefits under section 1 of this chapter, the member no longer has a disability.(d) Except as provided in subsection (e), if an overpayment under this section occurs, the board may not require a member, survivor, or beneficiary to pay more than twenty-five percent (25%) of their monthly benefit toward the overpayment.(e) If the overpayment described in subsection (a):(1) began before July 1, 2015; and(2) was caused by no fault of the member, survivor, or beneficiary;the board may only require a member, survivor, or beneficiary to pay the amount of the overpayment of benefits received during the six (6) years before the date that the Indiana public retirement system discovers the overpayment and attempts to notify the member, survivor, or beneficiary of the overpayment. If an overpayment subject to this subsection occurs, the board may not require a member, survivor, or beneficiary to pay more than ten percent (10%) of their monthly benefit toward the overpayment. The board may not use any method to collect an overpayment of benefits under this subsection other than those specified in this section.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-18.]As added by P.L.2-2006, SEC.28. Amended by P.L.99-2007, SEC.18; P.L.92-2021, SEC.11.
IN Code § 5-10.4-5-16 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-16. Retirement Before July 1, 1975; Limitations on Reductions in Benefits

Sec. 16. The computation of benefits described in section 2 of this chapter applies to benefits payable on and after July 1, 1975, and includes benefits payable to members who retired or whose employment was terminated before that date. However, a member's benefits may not be reduced below the amount paid to the member before July 1, 1975. The benefits for a member who retired before January 1, 1956, shall be computed by multiplying fifteen dollars ($15) by the member's years of service and then actuarially adjusting the product obtained to take into account a member's early retirement and the retirement option selected by a member using the factors in effect on July 1, 1975.[Pre-2006 Education Finance Recodification Citation: 21-6.1-5-19(b).]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-5-17 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 5. Benefits|5-10.4-5-17. Claims of Error

Sec. 17. A member may petition the board to correct an error in the determination of the member's:(1) creditable service; or(2) benefit;at any time. The petition must contain the necessary information to sustain the member's claim of error. The board shall investigate the claim and, if an error is found, shall order the member's records corrected. If no error is found and the member petitioned the board to correct the error within six (6) years after the determination of the member's creditable service or benefit, the member may appeal the board's decision under IC 4-21.5.As added by P.L.99-2010, SEC.8.
IN Code § 5-10.4-6-1 (2021)
2021 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

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.
IN Code § 5-10.4-6-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 6. Restricted Benefits|5-10.4-6-2. Members Retired Under Law Enacted Before January 1, 1949; Increased Benefit

Sec. 2. (a) After July 9, 1949, a member receiving a retirement benefit under Acts 1915, c.182, or any statute amendatory of or supplemental to it enacted before January 1, 1949, is eligible, subject to Acts 1949, c.130, s.2(j), to receive a retirement benefit approximately equal to the state's proportionate share of a retirement benefit provided by Acts 1949, c.130 for up to thirty (30) years of service. These members shall make written application for these benefits to the board at any time. Applications must be based on the service record established in the office of the fund on April 1, 1949. Except as provided under IC 5-10.2-4-7(f), this retirement benefit must begin on the tenth of the month following acknowledgment of the application.(b) The board shall establish, with the advice of the fund's actuary, a simplified table for computing the increases under this section for the years of service. The board may provide by resolution for participation by the members receiving benefits under this section in the additional annuity fund.(c) Within a reasonable time, the board shall issue to each member of the fund a service certificate that includes the following:(1) The member's name.(2) The member's last known address.(3) The member's account number.(4) The law under which the member is participating in the fund.(5) The contribution due from the member.(6) A certification of the total years of creditable service that the member has as of a date fixed by the board.(d) The service certificate described in subsection (c) is final and conclusive regarding service in the fund. However, a member may, not later than one (1) year from the issuance or notification of the certificate, request that the board modify the member's service certificate.[Pre-2006 Education Finance Recodification Citation: 21-6.1-6-2.]As added by P.L.2-2006, SEC.28. Amended by P.L.115-2009, SEC.19.
IN Code § 5-10.4-6-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 6. Restricted Benefits|5-10.4-6-3. Members Retired Under Law Enacted Before January 1, 1951; Increased Benefit

Sec. 3. (a) After July 9, 1951, a member receiving or entitled to receive a retirement benefit that accrued before July 11, 1951, under Acts 1915, c.182, or any statute amendatory of or supplemental to Acts 1915, c.182 enacted before January 1, 1951, is eligible to receive an increase in benefit. This benefit must be, when adjusted by the board to Acts 1951, c.142, s.2 (j), the equivalent of the retirement benefit for which the member would be eligible if the teacher had retired as a member of the fund under Acts 1951, c.142 with the beginning age, years of teaching and equivalent service, and payments made by the member at retirement.(b) A member who has completed at least twenty (20) years of service is eligible to receive a retirement benefit from state sources of not less than four hundred twenty dollars ($420) a year.(c) There is appropriated annually to the fund from the state general fund, in addition to other appropriations for the fund, an amount sufficient to pay the retirement benefits specified in this section.[Pre-2006 Education Finance Recodification Citation: 21-6.1-6-3.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-6-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 6. Restricted Benefits|5-10.4-6-4. Minimum Pension Benefit After July 1, 2017; Appropriation

Sec. 4. (a) Beginning July 1, 1965, a person who receives a retirement benefit shall receive from the fund an amount that when added to the person's pension benefit derived from state sources and the person's Social Security benefit earned as a teacher equals at least one hundred seventeen dollars and fifty cents ($117.50) per month for a person with thirty (30) years of creditable service. The amount of the benefit must be adjusted actuarially for more or fewer years of service.(b) Beginning July 1, 2017, the minimum pension benefit paid to a regularly retired member receiving an unreduced pension benefit is one hundred eighty-five dollars ($185) per month regardless of amounts paid to the member from Social Security or other state sources of retirement income or assistance.(c) There is annually appropriated to the fund from money not otherwise appropriated in the state general fund an amount sufficient to pay the benefits described in this section.[Pre-2006 Education Finance Recodification Citation: 21-6.1-6-4.]As added by P.L.2-2006, SEC.28. Amended by P.L.40-2017, SEC.15.
IN Code § 5-10.4-6-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 6. Restricted Benefits|5-10.4-6-5. Supplemental Minimum Benefit; Minimum Pension Benefit After July 1, 2017; Appropriation

Sec. 5. (a) A retired member is entitled to a supplemental retirement benefit to be paid by the fund as long as the member meets the following conditions:(1) The member currently receives an annuity, a pension, or other retirement benefit from the fund.(2) The member is at least sixty-five (65) years of age.(3) The amount of all annuities, pensions, and retirement benefits for which the member is eligible under the federal Social Security Act is less than two hundred dollars ($200) per month.(b) The amount of the supplemental retirement benefit to which a qualifying retired member is entitled each month is the difference between two hundred dollars ($200) and the total of all annuities, pensions, and retirement benefits that the member is eligible to receive under the federal Social Security Act.(c) A retired member who:(1) is not eligible for an annuity, a pension, or a retirement benefit under the federal Social Security Act; and(2) qualifies under subsection (a);is entitled to a supplemental retirement benefit of two hundred dollars ($200) per month.(d) Beginning July 1, 2017, the minimum pension benefit paid to a regularly retired member receiving an unreduced pension benefit is one hundred eighty-five dollars ($185) per month regardless of amounts paid to the member from Social Security or other state sources of retirement income or assistance.(e) The general assembly shall biennially appropriate to the fund from money not otherwise appropriated in the state general fund the amount necessary to satisfy this section.[Pre-2006 Education Finance Recodification Citation: 21-6.1-6-5.]As added by P.L.2-2006, SEC.28. Amended by P.L.40-2017, SEC.16.
IN Code § 5-10.4-6-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 6. Restricted Benefits|5-10.4-6-6. Postretirement Increase Payable After June 30, 1978

Sec. 6. (a) In addition to the increase provided in IC 5-10.2-5-6, the monthly benefit payable after June 30, 1978, to a member, or a survivor or beneficiary of a member who retired or was disabled:(1) before July 2, 1962, is increased by three percent (3%);(2) after July 1, 1962, and before July 2, 1967, is increased by two percent (2%); and(3) after July 1, 1967, and before July 2, 1972, is increased by one percent (1%).(b) This section does not apply to benefits payable in a lump sum.[Pre-2006 Education Finance Recodification Citation: 21-6.1-6-6.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-6-7 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 6. Restricted Benefits|5-10.4-6-7. Restriction on Charging Postretirement Increase to Annuity Reserve

Sec. 7. The costs of postretirement increases for the following persons may not be charged against the retired teacher annuity reserve:(1) A member of the fund who has received a lump sum payment under IC 5-10.2-4-2.(2) Survivors and beneficiaries of a member described in subdivision (1).[Pre-2006 Education Finance Recodification Citation: 5-10.2-5-18.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-6-8 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 6. Restricted Benefits|5-10.4-6-8. Postretirement Increase Payable After December 31, 2002

Sec. 8. (a) The pension portion (plus postretirement increases to the pension portion) provided by employer contributions of the monthly benefit payable after December 31, 2002, to a member of the fund (or to a survivor or beneficiary of a member of the fund) who retired or was disabled:(1) after July 1, 1995, and before July 2, 2000, shall be increased by one percent (1%);(2) after July 1, 1977, and before July 2, 1995, shall be increased by two percent (2%); and(3) before July 2, 1977, shall be increased by three percent (3%).(b) The increases specified in this section:(1) are based on the date of the member's latest retirement or disability;(2) do not apply to benefits payable in a lump sum; and(3) are in addition to any other increase provided by law.[Pre-2006 Education Finance Recodification Citation: 5-10.2-5-32.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-6-9 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 6. Restricted Benefits|5-10.4-6-9. Postretirement Increase Payable After December 31, 2003

Sec. 9. (a) The pension portion (plus postretirement increases to the pension portion) provided by employer contributions of the monthly benefit payable after December 31, 2003, to a member of the fund (or to a survivor or beneficiary of a member of the fund) who retired or was disabled:(1) after July 1, 1996, and before July 2, 2001, shall be increased by one percent (1%);(2) after July 1, 1978, and before July 2, 1996, shall be increased by two percent (2%); and(3) before July 2, 1978, shall be increased by three percent (3%).(b) The increases specified in this section:(1) are based on the date of the member's latest retirement or disability;(2) do not apply to benefits payable in a lump sum; and(3) are in addition to any other increase provided by law.[Pre-2006 Education Finance Recodification Citation: 5-10.2-5-34.4.]As added by P.L.2-2006, SEC.28.
IN Code § 5-10.4-6-10 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 10.4. State Teachers' Retirement Fund|Chapter 6. Restricted Benefits|5-10.4-6-10. Postretirement Increase Payable After December 31, 2004

Sec. 10. (a) The pension portion (plus postretirement increases to the pension portion) provided by employer contributions of the monthly benefit payable after December 31, 2004, to a member of the fund (or to a survivor or beneficiary of a member of the fund) who retired or was disabled:(1) after July 1, 1996, and before July 2, 2002, shall be increased by one percent (1%);(2) after July 1, 1978, and before July 2, 1996, shall be increased by two percent (2%); and(3) before July 2, 1978, shall be increased by three percent (3%).(b) The increases specified in this section:(1) are based on the date of the member's latest retirement or disability;(2) do not apply to benefits payable in a lump sum; and(3) are in addition to any other increase provided by law.[Pre-2006 Education Finance Recodification Citation: 5-10.2-5-37.]As added by P.L.2-2006, SEC.28.