1. In addition to the other postretirement allowances and increases provided by law, the System shall provide a monthly postretirement increase to each person who began receiving benefits before January 1, 1977, or to the persons designated beneficiary upon the persons death in these amounts: Base Benefit Monthly Increase $0—$100...................................................................................................... $20 101— 200......................................................................................................... 15 201— 300......................................................................................................... 10 301— 500........................................................................................................... 5 501 and above.................................................................................................... 3 2. A single postretirement increase pursuant to this section must be prorated among two or more recipients of benefits for survivors on behalf of one deceased member.
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