(b) Contributions begin to accumulate interest at the beginning of the fiscal year after the year in which the contributions are due.(c) When a member retires or withdraws, a proportional interest credit determined under this chapter shall be paid for the period elapsed since the last date on which interest was credited.[Pre-2004 Recodification Citation: 33-14-9-12.5.]As added by P.L.98-2004, SEC.18. Amended by P.L.16-2011, SEC.10; P.L.92-2021, SEC.14.
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