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**Notice: Effective October 1, 2014, retirement benefits will be calculated using updated actuarial factors, and INPRS will begin using a lower rate to provide ASA annuities. INPRS' ASA annuity interest rate will change again effective October 1, 2015. If you would like additional information, please contact INPRS at http://www.in.gov/inprs/2817.htm or call (888) 286-3544.

Generally, if you submit your application 90 days before your retirement date AND your employer submits to INPRS your final day worked and wage information, you can expect your first pension check one to two months following your retirement date. If you annuitized your funds, you can expect your monthly annuity payment to begin two to three months after your retirement date.