STATEHOUSE (Feb. 18, 2021) – The Indiana House of Representatives recently approved State Rep. Mike Karickhoff's (R-Kokomo) bill, which would provide an additional yearly benefit to retired public employees and teachers along with a $50 increase.
Karickhoff said his legislation, known as the "13th check," is a one-time, post-retirement payment based on an individual's number of years vested in their retirement plan and is not equal to a monthly pension check. He said this payment is designed to help cost of living gaps. House Bill 1227 also includes a $50 increase to retirees in the state's public pension program.
"This is the first time in nearly a decade that the state has been able to provide an increase to these Hoosiers who dedicated their careers to public service," Karickhoff said. "Indiana's history of remaining fiscally prudent has made it possible to provide public retirees with an extra $50 and an additional check to help them make ends meet."
According to Karickhoff, teachers, public employees, state excise police, gaming agents, conservation officers and police officers who are a part of Indiana’s public pension program would receive a 13th check and $50 increase in 2021 and 2022.
House Bill 1227 now heads to the Senate for further consideration. For more information, visit iga.in.gov.
State Rep. Mike Karickhoff (R-Kokomo) represents House District 30,
which includes portions of Grant and Howard counties.
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