Sec. 8. (a) The basic monthly pension payable under section 7 of this chapter after June 30, 1995, to a member of the pension trust who retired after June 30, 1987, and before July 1, 1990, shall be increased by thirty-nine dollars ($39).

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Terms Used In Indiana Code 10-12-4-8

  • Trustee: A person or institution holding and administering property in trust.
     (b) The department shall pay into the trust fund an amount sufficient to pay the increased benefits granted under this section. The trustee shall pay the increase in the monthly benefit required by this section from money in the trust fund.

[Pre-2003 Recodification Citation: 10-1-2.3-8.]

As added by P.L.2-2003, SEC.3.