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2-3.5-4-6. Surviving spouse; benefits

IN Code § 2-3.5-4-6 (2019) (N/A)
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Sec. 6. (a) The surviving spouse of a participant who:

(1) dies; and

(2) on the date of death:

(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.

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