Indiana Administrative Code
Title 35 - BOARD OF TRUSTEES OF THE INDIANA PUBLIC RETIREMENT SYSTEM
Article 1.2 - PUBLIC EMPLOYEES' RETIREMENT FUND
Rule 5 - Retirement and Disability Benefits
Section 5-12 - Minimum disability retirement benefit

(a) The minimum monthly disability retirement benefit specified in IC 5-10.2-4-6(b) is one hundred dollars ($100) only if the member chooses an annuity under IC 5-10.2-4-2(a) and the retirement benefit guarantee determined under IC 5-10.2-4-7(b), subject to the provisions of IC 5-10.2-4-2(b). After December 31, 2008, under IC 5-10.2-43[sic], the minimum benefit provided by employer contributions to a retired member with at least ten (10) years creditable service not earned only as an elected official may not be less than one hundred eighty dollars ($180).

(b) Should the member choose a lump sum distribution of the amount in his annuity savings account under IC 5-10.2-4-2 and/or a retirement benefit payment option, under IC 5-10.2-4-7, other than the five (5) year guaranteed retirement benefit, the minimum disability retirement benefit shall be the actuarial equivalent of the one hundred eighty dollars ($180) under subsection (a) as determined by the rules of the board.