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Indiana Code Title 33. Courts and Court Officers § 33-38-8-16

Current as of January 02, 2024 | Updated by FindLaw Staff

Sec. 16. (a) Benefits provided under this section are subject to IC 33-38-6-13 and section 20 of this chapter.

(b) A participant who becomes permanently disabled is entitled to an annual benefit that equals the product of:

(1) the salary that was paid to the participant at the time of separation from service; multiplied by

(2) the percentage prescribed in the following table:

Participant's Years

Percentage

of Service

0-12

50%

13

51%

14

52%

15

53%

16

54%

17

55%

18

56%

19

57%

20

58%

21

59%

22 or more

60%

If a participant has a partial year of service in addition to at least eight (8) full years of service, an additional percentage shall be calculated by prorating between the applicable percentages, based on the number of months in the partial year of service.

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Cite this article: FindLaw.com - Indiana Code Title 33. Courts and Court Officers § 33-38-8-16 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-33-courts-and-court-officers/in-code-sect-33-38-8-16/

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