Section 35IAC2-1-7. Calculation of the 1977 Fund minimum benefit

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For the purposes of calculating the minimum benefit described in IC 36-8-8-18.1, the 77 Fund will adjust the minimum benefit calculation so that the amount credited to the ASA of the transferring member as of the day before the transfer reflects the actual amount transferred for that member. (Board of Trustees of the Indiana Public Retirement System; 35 IAC 2-1-7; adopted Jun 20, 2014: 20140820-IR-035140335ONA)

                    
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