Title 49 Chapter 13

Title 49Utah State Retirement and Insurance Benefit Act (Download: PDF | RTF | WordPerfect) (Download Future Chapters: PDF | RTF | WordPerfect)
Chapter 13Public Employees' Noncontributory Retirement Act (Download: PDF | RTF | WordPerfect)
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Section 101 Title.
Section 102 Definitions.
Section 103 Creation of system.
Section 104 Creation of trust fund.
Section 201 System membership -- Eligibility.
Section 202 Participation of employers -- Limitations -- Exclusions -- Admission requirements -- Nondiscrimination requirements -- Service credit purchases.
Section 203 Exclusions from membership in system.
Section 204 Higher education employees' eligibility requirements -- Election between different retirement plans -- Classification requirements -- Transfer between systems -- One-time election window -- Rulemaking.
Section 205 Conversion to system -- Time schedule -- Conversion windows.
Section 301 Contributions -- Two levels.
Section 302 Purchase of service credit.
Section 303 Supplemental benefit established -- Defined contribution plan options -- Contribution by employer and employee -- Immediate vesting of contributions -- Plans to be separate -- Tax-qualified status of plans.
Section 401 Eligibility for an allowance -- Date of retirement -- Qualifications.
Section 402 Service retirement plans -- Calculation of retirement allowance -- Social Security limitations.
Section 403 Allowance payable by lump-sum payment.
Section 404 Lump-sum death benefit for retiree and spouse.
Section 405 Death of married members -- Service retirement benefits to surviving spouse.
Section 406 Part-time elective or appointive service -- Computation of allowance.
Section 407 Annual cost-of-living adjustment.
Section 408 Purchase of service credit -- Conditions -- Cost -- Nondiscrimination policy.
Section 501 Death benefit -- Eligibility for death benefit -- Benefit calculation -- Payment of claim.
Section 701 Early retirement incentive -- Eligibility -- Calculation of benefit -- Payment of costs -- Savings to be appropriated by Legislature -- Restrictions on reemployment.
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