September 27, 2021 21:33 Updated Follow INPRS is required by IC 5-10.3-11-4.7 to pay out your PR distribution amount in two equal payments. One payment is distributed before July 1st and the other is distributed before October 2nd. Related articles What is the State Employees' Death Benefit Fund? How do I get federal taxes taken out of my pension? What is the Pension Relief Fund? Where can I find INPRS retirement plan fact sheets? What do I get from my RMBA?