Indiana Code 2-3.5-4-6. Surviving spouse; benefits
Current as of: 2024 | Check for updates
|
Other versions
Sec. 6. (a) The surviving spouse of a participant who:
(2) on the date of death:
(1) dies; and
(A) was receiving benefits under this chapter;
(B) had completed at least ten (10) years of service as a member of the general assembly; or
(C) had a permanent disability and was receiving benefits under section 5 of this chapter;
is entitled, regardless of the participant’s age, to the benefit prescribed by subsection (b).
(b) The surviving spouse is entitled to a benefit for life equal to fifty percent (50%) of the amount of retirement benefit that:
(1) the participant was receiving at the time of death; or
(2) the participant would have been entitled to receive at fifty-five (55) years of age, or at the date of death, whichever is later.
As added by P.L.6-1989, SEC.1. Amended by P.L.99-2007, SEC.2.