35 IAC 14-9-9 Minimum retirement benefit

Sec. 9. (a) The minimum retirement benefit provided under IC 5-10.4-6-4(b) is determined based on the amount of the pension benefit only and does not include any money distributed from a member's defined contribution account. (b) For the purposes of IC 5-10.4-6-4, "unreduced pension benefit" means the regular retirement pension benefit paid under IC 5-10.2-4-1(b), plus supplemental benefits and postretirement increases. (c) Additional benefits earned during a period of reemployment are not eligible for the minimum benefit unless the member earned ten (10) years of creditable service during the period of reemployment. (d) The following are not eligible for this TRF minimum benefit: (1) Disability retirement benefits. (2) Members receiving an early (reduced) retirement benefit. (3) Members who elected Social Security integration at retirement prior to July 1, 2017, and whose pension payment after 62 years of age is reduced to zero dollars ($0). (e) Survivor benefits are eligible for the minimum benefit, so long as the deceased member was not receiving an early retirement benefit. Survivors receiving a benefit as the result of a member's death in service are eligible for the minimum benefit so long as the deceased member's in-service retirement was not reduced due to early retirement.