| DIGEST OF HB1223 (Updated January 22, 2013 11:21 am - DI 96) PERF and TRF minimum benefit. Provides that the pension portion of the monthly benefit payable after December 31, 2013, to a member of the Indiana state teachers' retirement fund (TRF) or a member of the public employees' retirement fund (PERF) who retired before January 1, 1980, and has at least 20 years of creditable service may not be less than $500. |