Thirteenth check.

Summary

The bill lets participants in several Indiana public retirement systems choose a joint‑and‑survivor payout option that reduces their own monthly benefit but provides a survivor payment after death. It also authorizes a one‑time supplemental payment in 2026—called the thirteenth check—to eligible teachers, public employees, police, and other retirees based on years of service. These changes give retirees more flexibility and a modest extra benefit.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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