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Indiana Public Retirement System

Indiana Public Retirement System (INPRS) > My Fund > Public Employees > PERF COLA and 13th Checks PERF COLA and 13th Checks

There was no cost of living adjustment (COLA) increase approved for PERF members.  

Effective July 1, 2014

HEA 1074

A PERF member will receive a 13th check by Oct. 1, 2014. The member must be retired or disabled on or before Dec. 1, 2013, and eligible for a monthly benefit on July 1, 2014. The amount of the check is determined by the member’s years of creditable service at retirement.

  • At least five years, but less than 10 years (disability): $150
  • At least 10 years, but less than 20 years: $275
  • At least 20 years, but less than 30 years: $375
  • At least 30 years: $450

A survivor or beneficiary of the member may be eligible for the check. The amount of the check will be distributed in equal shares if the member has two or more survivors or beneficiaries.