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Senate Bill 105

Introduced Senate Bill (S)

DIGEST

PERF and TRF pension benefit adjustments. Establishes a formula for a postretirement benefit adjustment for members, survivors, and beneficiaries of the public employees' retirement fund (PERF) and the Indiana state teachers' retirement fund (TRF), to be determined in 2014. Specifies that such a postretirement benefit adjustment may not be made after 2014. PERF and TRF pension benefit adjustments. Establishes a formula for a postretirement benefit adjustment for members, survivors, and beneficiaries of the public employees' retirement fund (PERF) and the Indiana state teachers' retirement fund (TRF), to be determined in 2014. Specifies that such a postretirement benefit adjustment may not be made after 2014.