Indiana § 33-39-7-14 - Interest credits
Full text of Indiana Indiana Code § 33-39-7-14 — Interest credits, with citation guidance and answers to common questions.
§ 33-39-7-14. Interest credits
Sec. 14. (a) Interest shall be credited at least annually on or before June 30 at a rate specified by rule by the board on all amounts credited to the member as of June 30 of the preceding year.
(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.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 33-39-7-14
What does Indiana Code § 33-39-7-14 cover?
Section 33-39-7-14 ("Interest credits") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 33-39-7-14?
A common citation format is "Indiana Code § 33-39-7-14" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 33-39-7-14 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.