Maximum annual benefit under Internal Revenue Code

Ind. Code § 33-38-8-20, under 1985 Retirement, Disability, and Death System.

Ind. Code § 33-38-8-20

Sec. 20. Notwithstanding any other provision of this chapter, benefits paid under this chapter may not exceed the maximum annual benefit specified by Section 415 of the Internal Revenue Code. [Pre-2004 Recodification Citation: 33-13-10.1-13.] As added by P.L.98-2004, SEC.17.