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.
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