October 06, 2017 15:51 Updated Follow The change is expected to be effective Jan. 1, 2018. Related articles What is the current annuity rate? Is my MetLife annuity guaranteed? If this amendment passes, does it affect the State’s ability to budget money toward pensions fund payouts? Why is there a difference between the monthly annuity payment offered through INPRS vs. that of MetLife? Why is INPRS going to charge administrative fees?